Fiscal Collection and Pension Salaries Increase

President Cristina Fernández announced fiscal collection totaled 61 billion 317 million pesos, i.e. 28,2% above the same month last year.

In July  2011, the AFIP announced they had collected 47 Billion 844 million  pesos, with an increase percentage of 28 points equal to July 2012.

Last June, the public administration collected 58 Billion 684 million pesos, with a 20,6% hike if compared to June 2011.

Moreover, the President announced that as from September pensioners’ salaries will be increased by 11,42 %, taking the minimum wage to 1.924 pesos. The 11.42% increase will take pensions to accumulate a total hike of 31.05 % since January 2012 to the present.

The head of State affirmed that this is part of the growth policy that allowed us complete the country’s desindebtedness process.