La Pampa has historically been one of the Provinces from Argentina with the best performance as regards fiscal policies, and particularly, as regards management of public debt.
In that sense, considering the financial results in the year 2021, La Pampa ranks 2nd in the list of Provinces with the best fiscal performance per person, and it is in the 3 rd position among the provinces with less debt stock per person, according to the last available data provided by the Ministry of Economy of Argentina.
This neat fiscal performance has been a government policy in our Province that has lasted for more than 30 years within the democratic system, and it has enabled to cater for both the needs of the people from La Pampa and the productive system even during the worst economic crises that Argentina has undergone, with an efficient and successful management of resources.
Fig. 1: Stock of Provinces’ debt per person up to December 31, 2021 (stated in Argentine pesos)
Source: Ministry of Economy of Argentina (National Department of Provincial Affairs)
Historically, the Province of La Pampa has mantained this satisfactory performance of fiscal accounts as its stock of public debt per person has always been in the lowest positions among the 24 Provinces of the Argentine Republic.
Fig. 2: Ranking of debt stock per person. The position of the Province of La Pampa.
Source: Ministry of Economy of Argentina (National Department of Provincial Affairs).