MercoPress. South Atlantic News Agency
Uruguay announces controversial massive infrastructure investment program
Uruguayan President Tabare Vazquez announced on Monday a controversial plan for 12.37 billion in infrastructure investment over the next four years. Two-thirds of the investment will come from the government, Vazquez told a news conference. Where the other third was to come was not confirmed. Read full article
Comments
Disclaimer & comment rulesAbout time they put down the Mate cup and put in a 40 hour week at least.
Jul 29th, 2015 - 11:05 am - Link - Report abuse 0All that's missing is the will to work harder.
Actually, Klingon, many Uruguayans have two jobs and work well over 40 hours a week. Also, Uruguayans don't drink mate out of a cup: a gourd is used.
Jul 29th, 2015 - 11:38 am - Link - Report abuse 0Without doubt the murdering commie bastard 'No Money Pepe' fucked the country up from top to bottom.
Jul 29th, 2015 - 01:13 pm - Link - Report abuse 0450,000 people are on his family hand-out scheme and only since Vasquez appointed a new head have the facts begun to emerge. The scheme participants (the stinking poor) had to sign that they would ensure their children enrolled and went to school before they received the money. It is also a condition of the scheme that they continue to attend school. Only one problem: the one that Uruguay always falls into: NOBODY checked until the new head arrived. According to El Pais 25,000 families have been chucked off the scheme due to non-compliance with the terms of the agreement that they signed.
Oh what an embarrassment to 'No Money Pepe' who is now doing his best to stymie Vasquez in Congress.
The police must have been complicit in allowing this murdering bastard to live: six bullets and he still “recovered”? Yeah, like that one will fly.
So with the 600,000 government and government owned monopoly “workers” on the same tit, those of us who are private investors or private businessmen or private workers (who DO work hard in my experience) are carrying 1,000,000 NON earners in tax terms.
Great eh? I bet the unions are proud. At least I can afford it unlike some of my business friends whose businesses are on the point of failing due to the rise in taxes under Pepe.
And it could all have been so better if only the unions were emasculated some years ago. I for one think at least 30 years is needed to turn around the upside down economy that we are presently faced with, if they start NOW. At 69 I shall never see it, if in fact anybody bothers to correct it.
Ha, ha, ha. As if that will happen.
Thought Uruguay needed Argentinas consent before doing anything at all.
Jul 29th, 2015 - 02:39 pm - Link - Report abuse 0This is a great initiative for Uruguay!
Jul 29th, 2015 - 06:27 pm - Link - Report abuse 0It surely runs contrary to the received wisdom of the article writer, as part of the austerity and free-market advocates that have festered in Latin America under the protection of tanks and bayonets.
Building useful infrastructure injects dynamism in the economy, creates additional good-quality jobs and provides the country with the means to keep creating more wealth.
Tabaré Vázquez deserves support.
Looks like a hoax. Local economy is degrading because main partners (Argentina, Brasil, China) are experiencing financial issue. The money for the investment program is not available nor is expected to be available in any predictable setting.
Jul 29th, 2015 - 06:52 pm - Link - Report abuse 0@theres a lot of these hoaxes around the world now....why would these politicians do that? Do they hate uruguay like the K hate argentina? Like bachelet hates Chile?
Jul 29th, 2015 - 09:05 pm - Link - Report abuse 0#6
Jul 30th, 2015 - 02:12 am - Link - Report abuse 0Well: If push comes to shove the infrastructure will remain. Austerity-preaching governments never went anywhere--left nothing.
#7
Cristina hates Argentina? Not so sure. The end of the her government is fast approaching and last thing I heard Argentina is far from experiencing 50 per cent poverty or 25 per cent unemployment like in 2001.
@ 8 Riki Mashed Potato Head
Jul 30th, 2015 - 12:53 pm - Link - Report abuse 0“ far from experiencing 50 per cent poverty or 25 per cent unemployment like in 2001.”
But Boss Eye hadn't sacked the head of INDEC then and perhaps the figures were accurate and truthful, unlike now.
However I suppose you believe in fairies, especially the fairies running INDEC now.
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