Buenos Aires Times

argentina 'close to 129 votes'

Opposition rallying to reverse Macri's decree package

Opposition lawmakers are engaged in cross-party talks to secure 129 votes in the Lower House and 36 in the Senate.

Thursday 18 January, 2018
Opposition lawmakers last came together in December 2017 to stymie the government's pension reform bill. They succeeded in the first session (pictured), but the bill passed three days later.
Opposition lawmakers last came together in December 2017 to stymie the government's pension reform bill. They succeeded in the first session (pictured), but the bill passed three days later. Foto:Twitter

More Argentina News

Argentina’s opposition parties are engaged in cross-party talks to derail President Mauricio Macri’s wide-ranging decree package which they say has undermined Congress.

The decree package, announced January 11, aims to speed up Macri’s reform agenda by implementing 140 modifications to exisiting legislation while eliminating 20 laws.

The opposition is hopeful it can secure 129 votes in the Lower House and 36 in the Senate, lawmaker Agustín Rossi (Victory Front) told Télam news agency.

The opposition could call a special session of Congress for the first fortnight of February.

THE PACKAGE

The government wants to attract investment by improving importers' access to local markets. Among the changes, the government will automate 314 import licences and create a so-called Secretariat for Production Simplification. 

It will also permit the ANSES welfare entity to invest its Guarantees and Sustainability fund in financial services including fiduciaries, a move the opposition has taken particular issue with.

More broadly, the national government hopes the measures, designed to "simplify" and slash the country's bureaucracy, will reduce productive costs by one percent of the country’s Gross Domestic Product (GDP) over two years, Production Minister Francisco Cabrera said.

Read more here: Macri signs import-friendly decree package to simplify, slash bureaucracy

-TIMES

Poll

Op-Ed

Top Stories

  1. 1Mercado admits Argentina's World Cup hopes are on the line against CroatiaMercado admits Argentina's World Cup hopes are on the line against Croatia
  2. 2Merval drops 8%, pulled down by declines in energy, bank shares
  3. 3IMF forecasts Argentina's annual inflation at 22.7%, lowers growth outlook
  4. 4Ni Una Menos releases alarming statistics, reports 13 femicides in first 15 days of 2018
  5. 5Macri concedes inflation failures, defends Cabinet reshuffle
  6. 6Killer handed life sentence for brutal murder in historic transvesticide trial
  7. 7Argentina's Lower House approves elective abortion bill; now goes to Senate
  8. 8Ni Una Menos releases alarming statistics, reports 13 femicides in first 15 days of 2018
  9. 9Macri concedes inflation failures, defends Cabinet reshuffle
  10. 10Marcelo Bielsa signs deal with Leeds United to become head coach