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Buenos Aires Province Sends First Municipal Fund Payout to All 135 Districts

The plan channels 8% of provincial borrowing into non‑refundable city transfers to keep local works moving despite a tight budget.

Overview

  • The province transferred 13,010 million pesos to all 135 municipalities as the first payment from the Emergency and Municipal Investment Strengthening Fund (FEFIM).
  • Seventy percent of the money moved through the Coeficiente Único de Distribución, a formula that sets each city’s share, and the rest will flow through targeted provincial programs.
  • The resources are non‑refundable and free for municipal use, and the law finances them with 8% of new provincial borrowing raised through the first local bond sale.
  • The transfer plan sets five installments in total, with three scheduled for 2026 and two for 2027.
  • Provincial officials said they are maintaining these transfers despite lower revenue and fewer national funds, and mayors say the cash helps pay salaries and keep infrastructure, transport, culture, and community projects on track.