OPC 5 Cost Estimates 5 FISCAL IMPACT OF BILL IN REVIEW CD 14-24 OF NATIONAL UNIVERSITY FUNDING
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FISCAL IMPACT OF BILL IN REVIEW CD 14-24 OF NATIONAL UNIVERSITY FUNDING

29 August, 2024

The bill under revision for the financing of National Universities, which has been approved by the Honorable Chamber of Deputies, proposes to update the budget appropriations allocated to cover the operating expenses of these universities at the beginning of the fiscal year 2024 by the annual variation of the Consumer Price Index (CPI) in 2023, and then, bimonthly adjust the resulting amount by the CPI reported by the National Institute of Statistics and Censuses (INDEC), discounting the increases already granted so far this year.

Likewise, it establishes a salary increase for teachers and non-teaching personnel as from 12/01/2023 and until the approval of the bill as a law, considering the raises already granted, and then a monthly update by inflation reported by INDEC.

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