Public Investment (PI) executed by the National Government during the first half of 2022 amounted to ARS475.813 billion, which represents a growth in real terms of 2.0% year-on-year (YoY) and an execution of 33.3% compared to the current appropriation. The variation registered in relation to the execution of the first half of 2021 is explained by the Real Direct Investment (RDI) (ARS144.770 billion), which showed a year-on-year growth of 9.4% and managed to offset the 1.0% YoY drop in Capital Transfers (CT) (ARS331.043 billion).