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In line with Panal: Passerini deepens public spending coordination, reshuffles cabinet

deercreekfoundation November 16, 2025
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The 6th of July Palace has undergone a complex political and administrative background. Within this framework, reorganization and new fiscal orders for 2026 are expected to be issued in the coming weeks.

The unfavorable electoral results of the last parliamentary elections precipitated the era, especially in the capital, with terrible results in the City Palace and the main offices of Panar.

The defeat reignited internal criticism of management. The rift deepened as there was no concrete support from the prefecture for Mr. Passerini’s management. It must be remembered that this has had to endure significant cuts from the state, primarily in transport and social assistance.

For this reason, Further adjustments to public spending and tighter controls on spending are expected.in line with Governor Martín Djallola’s announcement.

The city moved ahead with some of its new spending cuts, including reducing the line item allocated to renting government real estate. However, the central axis of the new policy is internal organization and strict control of the budget.

Sources close to Passerini said at this time: Structural changes also affect the management of the second division. A reorganization is planned, with some Permanent Secretaries to be promoted to the category of Directorates, and some Directorates to be downgraded to simply Directors.

Similarly, some officials remain under surveillance. Officials, they explained, do not show involvement in management, preferring anonymity to demonstrating efficient management.

Sectors considered “untouchable” and essential to neighboring countries will maintain structures such as health, education and the environment, which have already undergone major restructuring several months ago. This is one of the highest quantities available and aims for more visible results.

Lorenzatti, order clerk.

Mayor Daniel Passerini underwent a successful surgery this week to remove cancerous tissue from his prostate, gradually resuming his duties as head of the city executive after a 15-day hiatus.

In his absence, the Secretary of Public Administration and Human Capital Sergio Lorenzatti solidifies his position as cabinet executive. It was Lorenzatti himself who convened a meeting of key executives. The downloaded message, clearly approved by Passerini, was clear and forceful: “Watch your spending. Travel and events of any kind are over.”

The four pillars of management are cleaning, cleaning, lighting, and repair. Lorenzatti’s importance extends beyond the internal organization, and he has become a key figure in the recent financial operations, providing a breath of fresh air to the management team.

The City of Cordoba reported that it has issued P70 billion in bonds in the local market, reaching the prescribed limit. Mr. Lorenzatti himself underlined his support and his confidence in the municipality for banks and investors who see in the city a jurisdiction that will fulfill their obligations.For business owners, this is a very important support in the context of the crisis of economic activity at the national level. This economic success is underpinned by risk rating agency Moody’s Local Argentina, which said the municipality’s rating reflects its “strong creditworthiness and trend toward positive operating margins.”

The report highlights “significant spending rationalization efforts” in recent years, which have enabled the country to achieve a primary budget surplus in the past two years and maintain moderate debt levels compared to other regions.

The city of Cordoba has issued $70 billion in bonds.

Discomfort due to announcement of ticket price increase

Some in Panal’s office were not happy that the announcement of the ticket price increase came on the same day that Llarrola’s state and national agenda emphasized fiscal order in Córdoba.

As reported, the increase rate is 8.8%. Tickets went from $1,580 to $1,720. The city argued that the last increase was in May of this year, and that the cost of operating the system has increased by more than 30 percent over the past five months due to increases in fuel, supplies and salaries.

They also stressed that cities must bear the costs within the framework of strong coordination of state funding for public transport.

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