The Government released on Wednesday night the text of the
decree of necessity and urgency
through which it will force public bodies to dispose of their holdings of dollar-denominated bonds, both those with foreign (global) legislation and with local legislation ( TO THE).
The document consists
of
just four articles
where the most relevant is the first.
There it is stated: "Payments of interest services and capital amortization of bills denominated in United States dollars issued within the framework of Decrees Nos. 622 of September 17, 2021, 576 of September 4, 2022 and 787 of November 27, 2022 they will be replaced, on their expiration date, by
new public securities
whose conditions will be defined, jointly, by the SECRETARIAT OF FINANCE and the SECRETARIAT OF FINANCE, both dependent on the MINISTRY OF ECONOMY".
The DNU, which
must be endorsed
by the Permanent Bicameral Commission for Legislative Processing of
Congress
, bears the signature of Alberto Fernández and
the entire national Cabinet of Ministers.
.
Meanwhile, the measure will formally enter into force as soon as it is published in the Official Gazette, it is presumed in this Thursday's edition.
News in development.
DS
look too
In the midst of the tension in the markets, the Government raised the rate and obtained additional financing in pesos
The economy grew 5.2% in 2022, but activity fell in the last quarter