Pedro Franco: Congress should pass tax reform to expand the budget

Former Economics Minister Pedro Franco called for Congress work on tax issues if you intend to include additional costs in the state budgetso as not to compromise contingency funds designed to deal with emergencies such as natural disasters.

“You can look for other alternatives, tax issues are a matter of Congress. Last year, they didn’t want to do it, they didn’t want to help, well, let them do it now, let them say what kind of leather the straps will be from,” the ex-official warned.

Franke recalled that last year he proposed expanding taxation for the extraction of superprofits, but the parliament rejected this initiative. Now “other alternatives can be presented,” he said.

Congress without time for new proposals

Nonetheless, funke ruled out that tax changes cannot be made before the approval of the State Budget Law for 2023, since this requires the consent of the parliamentarian within the next 36 hours.

“Congress will have to work on expanding the levy next year because the budget close debate must end in the next few hours or the executive branch will release its original proposal,” he said.

budget debate

Yesterday the Prime Minister Betsy Chaveztogether with his economics minister Curt Burneo, presented various arguments to the Congress to avoid the inclusion of ten measures that would entail an additional cost of 1,614 million sols.

Betsy Chavez said that Congress did not accept the recommendations of the Ministry of Economy and Finance, and the head of this portfolio called on Congress to analyze the proposals very well.