DistantNews
Support us
Orsi defends budget law focused on 'those having the worst time'
🇵🇾 Paraguay /Economy & Trade

Orsi defends budget law focused on 'those having the worst time'

From ABC Color · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

News From a news agency New plan
  • Uruguay's President Yamandú Orsi defended his government's budget bill, emphasizing its focus on the most vulnerable populations.
  • The bill includes increased funding for security, education, childhood, and the homeless, aiming to improve social fabric and living standards.
  • Orsi highlighted achievements like record-high real wages, household income, and reduced inflation and unemployment, while acknowledging remaining challenges.

President Yamandú Orsi has staunchly defended his government's budget bill, asserting its core mission is to support "the population that is having the worst time." The legislation, submitted to parliament, allocates increased funds to security, education, childhood initiatives, and programs for the homeless.

focus "on the population that is having the worst time."

— Yamandú OrsiPresident Orsi defending the government's budget bill.

"Not all governments do the same with their economy, not all decide to prioritize the same areas or sectors, nor are all governments willing to take the same actions," Orsi stated in a video released by the Presidency. He explained the government's decision to actively engage with communities, seeking out those sleeping on the streets, even when difficult.

Orsi pointed to significant economic achievements during his tenure, including the highest real wages in fifty years, record household income, pensions rising above inflation, the lowest inflation in seventy years, and reduced unemployment. He noted that 300 individuals previously homeless are now employed, emphasizing these are people regaining their place in society.

Not all governments do the same with their economy, not all decide to prioritize the same areas or sectors, nor are all governments willing to take the same actions.

— Yamandú OrsiPresident Orsi explaining the government's distinct approach to economic policy.

While acknowledging that some positive changes are not yet widely felt or visible, Orsi cautioned against withholding "good news" simply because it is not yet sufficient. He specifically highlighted the creation of a 'Unique Allocation for Childhood and Adolescence' designed to streamline bureaucracy and benefit over 50,000 children. The bill also involves reallocating $31 million in funding, including cuts to official missions and protocol, and reprioritizing projects.

Our prioritization has consequences: real wages are at their highest level in the last fifty years, household income has reached its historic maximum, pensions have risen above inflation and inflation is the lowest in the last seventy years, unemployment has fallen and three hundred people who were living on the street, for example, are working today. That is not a statistic, it is people who have recovered a place they had lost in our society.

— Yamandú OrsiPresident Orsi detailing the positive economic outcomes of his government's policies.

Despite these advances, Orsi recognized the persistent challenges of poverty, informality, cost of living, housing, employment, living on the edge, and uncertainty. He stressed the importance of valuing progress made while continuing to address these issues.

many of these things are not yet felt or seen, but it would be a political error to silence "the good news because they are not yet enough."

— Yamandú OrsiPresident Orsi acknowledging that some policy impacts are not yet widely perceived.
DistantNews Editorial

Originally published by ABC Color in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

More Stories

From Our Blog