Within hours of the session, the new debt for Neuquén is increased to 150 million dollars

2023-09-05 17:33:39

The deputies of the Budget Committee of the Legislature gave today dispatch to Omar Gutiérrez’s project to take on a new debt in dollars, but with a last-minute change. Minutes before the meeting begins, the ruling party requested a modification to increase the amount of debt to 150 million dollars50% more than originally planned.

The new office was surprising because, although there were rumors last week, they had been Denied by deputies from the Neuquinizate Front of Rolando Figueroa, who negotiated with the governor to take the credit to use it in his future management. He came out with nine votes in favor and two once morest.

To the project, which initially authorized the Executive Power to carry out public credit operations (loans or Treasury Bills) for up to 100 million dollars or its equivalent in other currencies, the power to increase that amount by 50%.

“Rolo Figueroa has not yet taken office and is already sending debt in dollars. It’s unusual. I want to tell you that if you want to send projects to this Legislature or want us to deal with some that are already there, start looking at the health career, the law of a Neuquén Procrear or the education financing law, “he criticized. Lorraine Parrilli (Front of All).

The legislator questioned that Neuquén “continues to be on the podium of the three most indebted provinces” and questioned the governor-elect for having agreed, also with the current government, “the death letter of the anticyclical fund.”

Your block pair, Dario Peraltaregretted that an email was sent to the deputies with the modification “half an hour before this commission” and he opined that “voting a debt should make us a little ashamed.”

“We don’t need to take on this debt. Only in April we will analyze if it is necessary or notwe are taking it just in case,” he said.

debt to pay debt


Also Andrew White (PTS-FIT), despite not being a member of the commission, anticipated his vote once morest for tonight’s session and questioned that “accommodating the times so that this comes out as soon as possible accounts for the an express treatment and a lack of knowledge of what society is going through ».

“We are not only going to reject it, we are going to repudiate it,” he warned.

The president of the commission Liliana Murisi (MPN), who will act today as a reporting member together with the rolista Lucas Castelli (Avanzar), replied to the Peronist bloc by stating that “perhaps the Neuquén recipe is very similar to the one that is being applied in the Nation: take debt to pay debt.

The votes in favor were provided by the MPN (Liliana Murisi, Lorena Abdala and Maximiliano Caparroz), Together for Change (Leticia Esteves), Avanzar (Lucas Castelli), Unión Popular (Carlos Sánchez), Together (Carina Riccomini) and Always (Andrés Peressini). Against the Front of All (Darío Peralta and Lorena Parrilli).

Outdated information


The Ministry of Economy had sent information to the deputies on how the debt service would be with the new debt of 100 million dollars, although all forecasts were outdated at the time of voting on the office.

With the last-minute changes introduced today, there is no longer an official calculation on the impact that this new financing will have in the public accounts of Neuquén.

If the amount to be obtained was 100 million dollars, an increase in interest had been estimated at regarding 28 million dollars, with a rate of 9%.

The goal of the government is to be able to enter the local market with a broadcast before the October general electionsHence the urgency to sanction the law to manage the authorizations in the Ministry of Economy of the Nation.

Source: Ministry of Economy of Neuquén.


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