Miguel Nina, who chairs the Finance Commission of the Higher Council of that House of Studies, approved the constitution of a Financial Emergency Fund for the year 2024 in order to address the gaps in personnel and operating expenses, to the The budget items for this school year are outdated.
“On Monday, April 22, we presented a budgetary Emergency Fund for the university that has an amount of approximately 5.9 billion pesos. It is a proposal that we made to the Finance Commission. It is a flexible project that will work supported by a cash flow and that will give us the possibility of working with a little more certainty,” explained Nina, who was accompanied by all the deans of that university for its approval.
“Since last year we have been without a budget distribution made by the Superior Council. This became more complex because the national government for this year did not approve a budget either, so we are working with a 2022 budget adjusted to 2023 with the guidelines set by the Superior Council and Those credits are evidently outdated,” he said.
“The idea of the Fund is to guarantee a fairly adequate functioning of some areas that we consider important. One of the priorities is the salary aspect and that favors the student 100% so that the course is not affected. On the other hand, we are going to having operating expenses with a much clearer forecast and with a fund that will somehow allow the academic units to be nourished. All of this aims to ensure that the student has their educational paths covered,” specified the Dean of Economics, when arguing. the need for it.
The Financial Emergency Fund aims to establish a single fund to address budgetary financial discrepancies, in the face of the crisis that the University is going through, based on the needs and priorities determined by the Superior Council, as expressed in the document that specifies its formation. .
It should also be noted among the parameters to be taken into account for its effective compliance: the financial investment constituted as capital and determined on February 28 of the current year, the genuine own resources, and funds from the Patagonia Bank fee, among other capitals. .
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