The president of the Social Security Institute (IPS), Isaías Fretes, and the Auditor General of the Executive Branch, Alberto Cabrera, revealed this Monday that the previous management of the pension fund, led by Jorge Brítez, complied with only 2.5% of the recommendations issued by internal audits. In a joint press conference, Cabrera stated that out of a total of 100 recommendations, only two were fulfilled, classifying the internal control system as “very weak” and “failed.”
Fretes, who assumed the presidency of the IPS on April 22, 2026, interrupted Cabrera's speech to ask a rhetorical question: “When you arrived here on the first day, you brought a document with the number of recommendations given to the previous administration. How many were there?” Cabrera replied that the compliance rate was no more than 2.5%. In Guaraní, Fretes commented: “No one listened to this gentleman.”
The Auditor General explained that the General Audit Office of the Executive Branch, an agency subordinate to the Presidency of the Republic, monitors more than 100 institutions and follows up on audit recommendations. “This leads to the conclusion that the IPS internal control system is very weak,” he reinforced.
Fretes promised that the current administration will prioritize audits and guaranteed that Cabrera will have space to work. “I want to go home with a smile and the respect of my friends. I don't know how to steal,” declared the IPS president.
At the same press conference, Fretes announced the removal of 817 items from the official IPS supply list and anticipated that on Wednesday he will disclose the medications that will be withdrawn from the formulary. According to the director, the measure is part of a plan to reduce the financial deficit and curb sources of corruption.