The Governor Leandro Zdero formalized the call to the Chaco legislation for him Tuesday, December 9th at 6 p.mas part of an extraordinary meeting to discuss two initiatives that the executive described as “urgent and urgent” to organize public finances and modernize the province’s strategic infrastructure.
The decision is based on the authority of the Provincial constitution and, according to official sources, responds to the need to act quickly in the face of accumulated financial deterioration and create conditions that encourage investment in key areas such as the port system.
Chaco Bonds 2025: How the debt consolidation mechanism will work
The first item on the agenda will be Debt consolidation project, as of December 31, 2025an instrument by which the government seeks to standardize enforceable obligations or debt securities before that date.
The profile has accessed the content of the project that authorizes this Issuance of up to $300,000 million in Chaco Consolidation Bonds. The initiative aims to ease the state’s financial pressure, normalize late payments to suppliers and reduce the number of legal disputes that today complicate administrative management.
Main features of the bonuses
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Denomination in pesos.
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Total term six yearscalculated from the date of issue.
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Interest at the BADLAR rateupdated daily by the Central Bank.
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Two years of gracewhere only interest is paid.
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Of the third yearCapital plus interest is paid.
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Exemption from provincial and municipal taxes.
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Possibility of using the bonuses for acquire movable and immovable property of the state through auctions or competitions.
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Early rescue allows those who reinvest the bonds in productive projects with positive opinion or activities that are of provincial interest.
According to the project, the Credit Rating and Review Commission is responsible for reviewing claims submitted by suppliers and contractors. It will be composed of representatives from General accounting, tax authorities, INSSSEP and, if necessary, the communities.
For the ruling party, the system will make this possible provide predictability in the payment of obligationsprevent the paralysis of essential services and gain room for maneuver against the background of severe budget restrictions.
Reform of the port regime: incentive for private investment
The second point of the extraordinary meeting will be the amendment of the Law 1115-Twhich regulates the port activities of the province.
The proposal contains the number of private initiative and enables mechanisms of Public-private participation (PPP)with the aim of attracting investments, developing the logistics infrastructure and ensuring public tendering processes under the standards of free competition and transparency.
Executive sources stated that the regime update aims to “place the Chaco port system in regional competitive conditions,” in a scenario where ports are essential for the production of agro-industrial production and the capture of new trade flows.
Both projects are excluded from the debate 6 p.m. on December 9th.
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