After Argentine President Alberto Fernández announced Monday that the federal government would abide by last week s Supreme Court (CSJN) ruling and pay the Autonomous City of Buenos Aires (CABA) its share of the so-called co-participation funds but not with pesos, Mayor Horacio Rodríguez Larreta s administration filed a complaint before the Supreme Court.
Argentina reshapes taxation to make up for gap between official and “blue” dollar entornointeligente.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from entornointeligente.com Daily Mail and Mail on Sunday newspapers.
The Government of Argentina has adjusted the so-called PAIS tax from 35% to 45% as of Thursday to equate the exchange rate between the local currency and the US dollar to that existing in the unofficial “blue” market.
Argentina s House of Deputies greenlighted the deal reached between the administration of President Alberto Fernández and the International Monetary Fund in the wee hours of Friday by 202 votes in favor, 37 against, and 13 abstentions.
Former Argentine Public Works Ministry official José López, who had been convicted for corruption after being caught on camera carrying bags of money into a convent outside Buenos Aires, has posted bail and was freed from jail.