Particle.news
Download on the App Store

Record ATN Payouts Target Key Provinces as Milei Seeks Budget and Labor Votes

The payouts reflect a coordinated bid by Interior Minister Diego Santilli to lock provincial support for the government’s economic agenda.

Overview

  • In roughly 12 days, the national government disbursed $43,000 million in Aportes del Tesoro Nacional to Tucumán ($20,000m), Misiones ($12,000m) and Chaco ($11,000m), after a zero‑disbursement November.
  • Additional transfers already authorized lift the near‑term total to about $66,500 million, with funds for Catamarca ($10,500m), Entre Ríos ($7,000m) and Salta ($6,000m); Catamarca and Salta have since been credited, according to new reporting.
  • The surge makes December the highest ATN month of 2025 and the Milei era, surpassing the previous monthly peak of $21,000 million recorded in May.
  • ATN allocations are discretionary under law 23.548 and administered by the Interior Ministry, and a new distribution rule passed by Congress was vetoed and remains unimplemented.
  • Government outreach and cash transfers helped secure a budget committee endorsement backed by Innovación Federal, Elijo Catamarca and Independencia, even as governors circulate estimates that proposed corporate tax changes could cut provincial coparticipation by about $1.7 trillion in 2026.