Overview
- The government has readied a decree to extend up to ARS 400 billion in advance transfers of revenue-sharing funds to 12 provinces, giving early access to money that is legally owed to them by coparticipation.
- Advances will carry roughly 15% interest and must be repaid within the same calendar year, which undercuts market borrowing costs reported at 30% to 45%.
- Provinces will state their monthly cash needs under a demand-based process that replaces piecemeal requests and relies on an assessment of each district's finances.
- Officials also cast the relief as a way to mend ties with governors and line up support for the administration’s reform agenda in Congress.
- In a parallel track, Anses and Santa Fe are close to a deal for ARS 120 billion paid in twelve monthly installments from May 2026 to April 2027 to help cover the province’s pension deficit.