During July, Córdoba received more funds from the Nation, amid an economic context that shows clear signs of recovery. Automatic transfers grew above the price index, which is relevant for the provincial coffers. The result represents an improvement that stands out in the current context.
Specifically, the total transferred to the province was $419.335 trillion, 48.4% more than in the same month last year. Adjusted for inflation, the real growth was 5.3%, according to current estimates. That improvement helps sustain Córdoba's finances without the need for extraordinary funds.
Although the final figure depends on the official CPI data, inflation was estimated at 1.9% monthly and 40.9% year-on-year. The calculations make it possible to state that the transfer exceeded inflation and marks a positive point in the fiscal relationship. The improvement is consistent with the records from June and part of July.
