Omnibus Law – Updated List of Privatizations and Negotiations in Argentina

2024-02-02 16:59:00

February 2, 2024 – 1:59 p.m.

After the last round of negotiation, the ruling party agreed to reduce the list of privatizations and the figure that was initially 41 is now 26.

The Chamber of Deputies continues the debate omnibus law and, following a fourth intermission and negotiations with the opposition, the ruling party reduced the final ruling the list of companies to be privatized in case of achieving approval in the parliamentary chamber.

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Las privatizations, one of the key axes of the ruling party, were modified following the last instance of negotiation of the Government of La Libertad Avanza (LLA) with the “dialogue opposition”: the companies to be privatized are reduced from 37 to 26. “They removed those that are in Córdoba, among them Dioxitek,” they mentioned to Ámbito from Peronism.

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Dioxitek It is the firm that supplies uranium to nuclear power plants. The University of Córdoba and Fabrica Argentina de Aviones, two of the companies on which it placed emphasis, were also left out. the governor of Cordoba Martín Llaryoraamong other companies that the Executive Branch viewed favorably for its privatization project.

The number was initially 41 companies. Now, President Javier Milei and his team, in the search for parliamentary consensus under their minority role, not only eliminated the entire fiscal chapter of the norm, but also removed 15 names from the privatization list.

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Pending the vote, the session continues in the Chamber of Deputies.

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Omnibus Law: final list of companies subject to privatization

The Libertarian Government reduced the final list that legislators will vote on in the chapter on complete privatizations to 26:

  • GENERAL ADMINISTRATION OF SE PORTS
  • WATER AND SANEACIONES ARGENTINOS SA
  • Argentinian airlines
  • Argentine Mail
  • YCRT
  • Construction of Housing for the Argentine Navy SE
  • ENERGÍA ARGENTINA SA
  • INTERCARGO S.A.U.
  • Agricultural Technological Innovations SA
  • Railway Beaches of Buenos Aires SA
  • Constituents SA Technological Pole
  • Naval Workshops North Dock SACI and N.
  • Nación Bursátil SA
  • Nación Reaseguros SA
  • Nación Retirement Insurance SA
  • Nación Servicios SA
  • ADMINISTRATION OF RAILWAY INFRASTRUCTURES IF
  • RAILWAY OPERATOR SE BELGRANO CARGAS Y LOGÍSTICA SA
  • Argentine Railways SE
  • Argentine Air Navigation Company SE
  • SAPEM Railway Human Capital Development
  • ROAD CORRECTIONS SA
  • TELAM IF
  • EDUC.AR S.E.
  • SE Public Content
  • Radio and Television Argentina SE
  • The companies BANCO DE LA NACION ARGENTINA NUCLEOELÉCTRICA ARGENTINA SA and EMPRESA ARGENTINA DE SOLUCIONES SATELITALES SA will be partially privatized according to the latest official ruling by the Executive Branch.

    More changes to the omnibus law

    Las delegated powers that Javier Milei would receive if the project is approved represent the main point of conflict. Therefore, of the 11 matters initially raised by the Government, only six remain: economic, financial, security, tariff, energy and administrative.

    The modifications in one of the key points, however, do not satisfy the disagreements of the “dialogue opposition.” Both the block chaired by Miguel Ángel Pichetto, We make Federal Coalition, As the radicalism They do not finish forming a uniform position and internal discussions continue.

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