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November 14, 2025
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  • Kisilov won union support for his budget proposal and warned that money was needed to pay bonuses.
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Kisilov won union support for his budget proposal and warned that money was needed to pay bonuses.

deercreekfoundation November 14, 2025
I43POT4OQ5FZ3MSB2LM6W5UJIA.jpg
Kisilov received support from trade unions on his budget proposal.

Minister of Economy of Buenos Aires, pablo lopezmet this Friday with representatives of the various trade unions deployed in the Buenos Aires administration. The purpose of the conference was to analyze the financial and economic situation of the Province of Buenos Aires, in the midst of negotiations on the Buenos Aires budget, the Provincial Finance Law, debt demands, and trade union demands for the resumption of joint initiatives. The government has outlined a complex scenario for bonus payments.

so he could rebuild infobaestate officials and trade unions put three items on the agenda: the economy, labor, and the situation at the Institute of Social Security. lopez There was talk about the deterioration of the state’s resources and the “importance of approving a package of measures sent to Congress.”. The Minister of Labor also attended the meeting. walter correa and the head of IPS, Marina Moretti.

Officials were backed by trade unions, which expressed support for the project, which was submitted to parliament last week. One of the union members who took part in this Friday’s meeting told the media: “The state needs financial means to manage next year and to close out 2025. We cannot go through another year without a budget, without a tax law, without funding, understanding that we also have to cover the debt left by María Eugenia Vidal.” In the very short term, Buenos Aires will have to face the payment of salaries and bonuses. The possibility of the union sector being mobilized in the legislature cannot be ruled out. A day when a set of laws is debated and approved.

With Minister Kisilov
Mr. Kisilov, Minister of Labor Walter Correa, and Chief of Staff to the Minister Cristina Álvarez Rodríguez

The meeting was also accompanied by a call to restart the joint ventures that some sectors formally established a few days ago, such as the Buenos Aires Judicial Association (AJB) and the National Federation of Private Guilds (FEGEPPBA). They called on executives to restart the salary negotiation process.. The official date for resuming joint action is mid-October. The unions argued that their call had been delayed because of the election and they were now trying to make it valid. In response to a request from UPCN, they assured: There was a promise from authorities to resume pay dialogue next week..

At this Friday’s meeting, the Minister of Economy of Buenos Aires reaffirmed the following: The central government absorbs 70% of the resources, of which the province of Buenos Aires receives only 6.8%;This situation also affects municipalities, as they suffered cumulative losses of P709 billion in joint participation from January 2024 to October 2025.

There is a problem with IPS, and that is the deficit it is showing, primarily as a result of the reduction in assistance received from ANSES. The state’s 2026 budget has provisions that promote: Includes approximately 20,000 new taxpayers A system under which employees of companies with majority ownership in the state contribute to the retirement fund of the state of Buenos Aires. Currently, according to Decree 9650, “the contribution of IPS shall be limited to governor and lieutenant governor Elected in accordance with the relevant provisions of the Constitution; Members of both Houses of Congress and employees of either state or local government who provide paid services on a permanent or temporary basis and are dependent on them.whatever the nature of the designation or form of payment, and even if the relationship of subordinate activities is established by a fixed-term contract.

Minister of Economy Pablo
Economy Minister Pablo López at the presentation of the 2026 Budget

The current regulations also include “personnel providing educational functions in private educational institutions of any level, form of education or field of education that are approved, licensed, incorporated or in the process of being licensed or recognized by the Directorate General of Culture and Education of the states to which Law 13688 applies, as well as personnel employed under the provisions of Law 10295 (TO Decree 1375/98) and its amendments.” but, Exclusion of workers from companies with the participation of the province of Buenos Aires Aubasa, Centrales de la Costa, Teame, BAGSA, Absa and more. that they are contributing to the ANSES system. This change involving this sector will begin to strengthen the state’s pension fund..

It is urgent for both the administration and the unions, which were represented this Friday by the state union, the CGT, the two CTAs, and the judiciary.A series of laws will be approved by the end of the yearin particular the Financing and Taxation Laws, which will allow January items to be issued on a new scale. During his presentation, Kisilov specifically mentioned the need for a Financing (Debt) Law. “We have replaced everything that the central government has abandoned as far as possible. That is why we especially need financing laws so that we can maintain normal operations next year. These are the tools that will enable us to operate and function in the states during 2026. The reason I am aiming for loans is because without authorization, the debt that the states have in 2026 will have the same maturity date when it is marked.”

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