Tag: Argentine Congress

• Tuesday, February 12th 2019 - 10:30 UTC

  IMF mission in Argentina to collect data on compliance of the standby loan accord

  

  An IMF team is back in Buenos Aires to review the Argentine economy performance and how it is complying with the fiscal and monetary conditions established in the stand-by US$ 57 billion loan agreed last year. The head of the mission Roberto Cardarelli is scheduled to meet ministers, central bank officials, members of Congress from the ruling coalition and opposition, academia and different lobbies.

• Thursday, November 15th 2018 - 08:42 UTC

  Argentina's Senate approves austerity budget agreed with IMF

  

  After 13 hours of debate, the Argentine Senate approved the draft Public Administration Budget for 2019 early on Thursday. The project, presented by Mauricio Macri’s government, went ahead with 45 votes in favor, 24 against and just one abstention.

• Thursday, October 25th 2018 - 06:10 UTC

  Riots outside, and insults inside as Argentine Congress discusses austerity budget

  

  Protesters opposed to proposed austerity measures clashed with police outside Argentina's Congress on Wednesday as lawmakers discussed next year's budget. Dozens of people threw rocks while police in riot gear responded with rubber bullets and water cannons. Local television said that at least twenty-seven people have been detained but there were no confirmed reports on injuries.

• Thursday, October 11th 2018 - 08:45 UTC

  Macri administration reverses latest cooking gas price increase following public outrage

  

  Argentina will pay for unforeseen increases in the cost of cooking gas following public outrage and opposition in Congress to stymie the plan which would have seen consumers paying increased gas prices in 24 installments from January 2019.

• Thursday, June 14th 2018 - 21:23 UTC

  Legal abortion bill in Argentina faces an even steeper up hill in the Senate

  

  The lower house of Argentina’s Congress on Thursday narrowly passed a Bill to legalise abortion through 14 weeks of pregnancy after a tight vote on a proposal that has divided the South American nation.

• Thursday, May 10th 2018 - 08:20 UTC

  Argentine congress passed capital market reform bill; Merval up 6%

  

  The Argentine Congress passed the government's capital markets reform bill on Wednesday, seeking to boost a troubled economy by reducing the power of market regulators and loosening restrictions on some funds investing in Argentina. Investors and economists consider the reform bill key to President Mauricio Macri's effort to boost investment in the country, whose capital markets are far smaller than regional peers.

• Saturday, March 3rd 2018 - 10:23 UTC

  Macri confirms gradualist approach to economic reforms in speech to Congress

  

  In his speech to Congress marking the opening of this year’s legislative session, Argentine president Mauricio Macri defended his business-friendly government’s so-called “gradualist” approach to economic reforms from critics who argue he should move faster to cut government spending and lower taxes in order to boost growth and attract investment.

• Friday, January 5th 2018 - 10:44 UTC

  Crackdown on phantom employees, “gnocchi”, in the Argentine Congress

  

  Nearly 200 phantom workers at Argentina's parliament have been caught in a crackdown on employees who only show up sporadically for their jobs, it has been reported. According to La Nacion, the Argentine Congress implemented a new attendance control system for employees two months ago, and it has already caught 190 who had not shown up for long periods without a good explanation.

• Thursday, November 30th 2017 - 07:26 UTC

  Cristina Fernandez and Menem take the oath and become Senators until 2023

  

  Twenty three newly elected Senators took the oath of office in Argentina on Wednesday morning including ex presidents Carlos Menem, Adolfo Rodriguez Saa and Cristina Fernandez. The midterm election to renew a third of the Upper house was held in October and the new legislature will formally begin 10 December.

• Thursday, October 26th 2017 - 06:16 UTC

  Key ex minister of Cristina Fernandez and Nestor Kirchner jailed on corruption charges

  

  Julio De Vido, an ex-minister in former Argentine President Cristina Fernandez's government, was jailed after turning himself in to authorities on Wednesday, marking an anti-corruption milestone in a country known for impunity.