A day after Economy minister Axel Kicillof admitted problems with the Argentine economy, president Cristina Fernandez announced on Thursday a battery of measures to prop economic activity, open the labor market for young people, avoid redundancies and give the property market a thrust.
Argentina’s President Cristina Fernández has decided to extend the deadline of the whitewash law until the end of December. The recently passed project expired on Monday with 341.5 million dollars entering the country.
President Cristina Fernandez de Kirchner’s wish of being able to print dollars is coming true as the central bank begins issuing dollar-denominated certificates today that trade in pesos.
The Argentine government sponsored whitewashing or ‘tax amnesty’ bill received half approval on Wednesday when the Senate passed the initiative by 39 to 28 votes, a bill which the opposition has labelled ‘immoral’. After seven hours of debate and over twenty speakers the line was clearly drawn between the Kirchnerite group and its allies and the rest of the House.