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Argentina: Goodbye to building one’s own home

Buenos Aires, Aug 19 (Prensa Latina) As part of its policy of adjustment and government downsizing, Javier Milei's executive team repealed 11 programs through which Argentine families could build and own homes with state assistance.

The new regulation shifts a greater financial burden onto provincial and municipal governments for the completion of ongoing projects, with compensation and fund recovery mechanisms, when the Milei administration withholds the co-participation of funds from National Treasury Contributions and what is due to them from fuel tax collection.

The same presidential resolution modifies the guidelines for completing ongoing projects, especially regarding financial responsibility for provinces and municipalities.

The new regulation shifts a greater financial burden onto provincial and municipal governments for the completion of ongoing projects, with compensation and fund recovery mechanisms, when Milei administration withholds the co-participation of funds from National Treasury Contributions and what is due to them from fuel tax collection.

Among the repealed regulations are those that created and regulated programs in such a sense, which includes four other subprograms, among others.

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