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[POLITICS] · Argentina · 13 sources

Argentina government admits diverting road funds to achieve fiscal balance

The Argentine government has officially admitted to diverting funds from the Integrated Road System (SisVial) to support national fiscal balance. Presidential spokesperson Adrián Ravier confirmed that while a portion of the fuel tax revenue is sent to the National Road Directorate (Vialidad Nacional), another part is managed by the Ministry of Economy to meet budgetary targets.

Data from the SisVial trust fund reveals a significant gap between revenue and infrastructure spending. Since the start of the current administration, approximately 1.5 trillion pesos have been collected, but only 394,406 million pesos have been executed for road works, representing a sub-execution rate of 73.8%. As of May 2026, over 1 trillion pesos remained unallocated to road maintenance and were instead placed in financial instruments such as fixed-term deposits and public bonds.

The revelation has sparked political backlash. Deputy Victoria Tolosa Paz filed a criminal complaint against Economy Minister Luis Caputo and officials at Vialidad Nacional, alleging embezzlement and fraudulent administration. Meanwhile, reports indicate that while fuel taxes have risen significantly, the actual investment in the national road network has declined, leading to concerns regarding road safety and infrastructure deterioration.

Entities

Adrián Ravier · Argentina · Javier Milei · Luis Caputo · Ministerio de Economía · Ministry of Economy · Pascual Fernández · SisVial · Sistema Vial Integrado

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about 7 hours ago