The Legislature authorized executive public credit for infrastructure

by time news

In the last ordinary session of the ⁢year, the Legislative Power approved Law ⁢no. 4150-F, ‍whose main objective is to provide the Province of Chaco with the resources ‍necessary to finance‌ the construction ‌of infrastructures,⁢ works and public services. with this approval, the Provincial Executive has the power to carry out public credit operations up ‍to an amount of 145,000,000 dollars or its equivalent in other currencies.
The law ⁢provides that of the amount of thes funds, 120,000,000 dollars will be​ allocated to⁣ the financing of public works or services, while 25,000,000 dollars will be allocated to the financing of public works for all⁤ municipalities in the Province.
On the other hand, through the approval of Law 4151-F, changes⁢ are introduced to the financing of the Chaco Subsidia Program, establishing ​a gradual reduction in ⁤the withholding percentage⁤ provided for in section a) of Article 2 of Law 2979-F on the municipal Fund of participation -Law 544-P, Municipal Solidarity Fund -Law 738-P- and Municipal Compensation Fund -law 2377-P.The calendar foresees that from January to June 2025 inclusive the retention percentage will be ⁢equal to 1%; From July to December 2025 it will​ be equal to 0.5%, while from January⁢ 2026 the withholding tax will be zero.

REPRESENTATIVES BEFORE THE COUNCIL AND THE JURY
The appointment of the deputies Carmen Delgado and Rubén Guillón as effective representatives ⁣and of the alternates Sebastián Lazzarini and Juan Carlos Ayala as substitute representatives of the Legislative Power ‌before the Council ​of the ​Judiciary and the prosecutor’s Jury was also approved,by virtue of the imminent completion⁣ of their⁤ mandates of the ⁣nominees.
Subsequently,with the support of the majority,Parliament accepted the proposal of MP Atlanto Honcheruk to nominate Pío Rea to occupy the⁤ position of member of the Instituto Del⁤ Deporte Chacoño.
The Legislature also approved regulation no. 4152-R which modifies law 4005-R with which the update of the territorial planning of the native forests of the Chaco province‌ was approved.
Likewise, the deputies approved the consolidation in the legal Digest of⁣ the Province⁣ of Chaco, of ‍the ⁣laws and their respective texts, organized thematically, systematized, updated, merged,⁣ corrected, sanctioned and published from January 1, 2023 to December 31, 2023, together with all‌ those affected and those containing referrals subject to adjustments.
Law ‍no. was approved. 4153-A, which declares the ⁣year 2025 “Year of the 40th anniversary of the trial of the military​ junta”,⁣ in memory of the coup⁣ d’état perpetrated⁣ on 24 March 1976, establishing that from from 1 January 2025 to ⁣31 December 2025 all documents official, both in paper and digital format, used in the Public Management Provincial, autonomous bodies, decentralized bodies and provincial ‍state companies, must bear an imprint in the⁤ upper right margin⁢ with the legend: “2025 – Year of the 40th anniversary of the trial of the military ⁤junta”.

Interview with ⁢Chaco Province Legislative Expert on Recent ‍Laws and Implications

Editor: ​ Welcome⁤ to Time.news! Today, we‍ are thrilled to have with us Dr.Julia Sarmiento,⁤ a⁢ political analyst and expert on provincial governance.‍ Dr.​ Sarmiento, thank you for joining us.

Dr. ​Sarmiento: Thank you for having me.I’m⁣ excited to discuss ‌the recent legislative developments in Chaco Province!

Editor: ​Let’s dive right ⁤in. The​ approval of Law​ no. 4150-F is a significant⁣ step for Chaco Province. Can you explain the main objectives of this law?

Dr. Sarmiento: Absolutely. ​Law No. 4150-F primarily aims to provide necessary funding for infrastructure projects and public services in Chaco.It grants ‍the Provincial Executive the authority to ⁣engage in public credit operations up ‍to ​$145 million. Of this total, $120 million is specifically ⁤earmarked for public works and services, while $25 million is allocated to support municipalities throughout the province.

Editor: ​ That’s a considerable ⁣investment. What are the ⁢potential implications ‌of⁤ this funding for local communities?

Dr. Sarmiento: This funding can​ be transformative. With secure financing ​for public works, ⁣we can expect improvements in vital infrastructure such as roads, schools,‍ and healthcare facilities.⁤ Additionally, the ‌allocation⁤ for municipalities ensures that smaller⁢ communities also​ receive necessary resources, which can definitely help to⁤ reduce regional disparities.

Editor: Alongside this law, there⁣ is also ‌the approval of Law 4151-F, which modifies the Chaco Subsidia⁢ Program. ⁤How does this law change‍ the⁤ existing ‍financial structure?

Dr. Sarmiento: Law 4151-F introduces a gradual reduction of withholding percentages for various municipal funds, specifically from 1% to 0.5% by ‌the end of 2025, ultimately reaching zero‍ by January 2026. This ⁤reduction aims to provide municipalities ‍with increased financial autonomy, allowing them to ‍allocate more resources toward local services and development.

Editor: ⁢ That sounds like a positive shift for municipalities. Are there any other recent legislative actions that you believe will have a significant impact?

Dr. sarmiento: yes, ​indeed. The appointment of deputies as representatives before the Council of ⁢the⁣ Judiciary and the prosecutor’s Jury ensures that the governance structure​ remains robust and⁤ accountable. Additionally,⁢ the declaration of⁢ 2025 as “Year of⁤ the‍ 40th anniversary of the trial of the⁤ military junta” is⁢ crucial for‍ past‌ remembrance, ⁣prompting public⁣ discourse ‌and encouraging educational initiatives around this topic.

Editor: It ⁤truly seems like the province is⁢ setting up a more accountable and reflective​ governance model while also addressing ‌historical injustices. ‌For our readers, what practical advice would you give ⁢on how they ⁣can engage‍ with these legislative changes?

Dr. Sarmiento: I ‌encourage citizens to stay ⁤informed about these‍ laws⁢ and participate ⁣in local forums. ⁣Engaging with community representatives and providing ⁤feedback can help ensure these laws meet the needs of the public. Moreover,keeping an eye on the specific projects‍ funded by Law 4150-F will provide insights into ⁣how funds are being utilized effectively.

Editor: Thank you,Dr. Sarmiento, for⁤ sharing your insights on these critically importent developments⁢ in Chaco Province. Your ⁢expertise offers ⁤valuable clarity on ​the implications of recent laws.

Dr. Sarmiento: Thank you for the opportunity! I hope‌ this details ⁤helps the community‍ understand the ‍significance of these legislative changes.

Editor: This concludes our interview. ⁤stay ‍tuned for more updates on governance and community initiatives in ​chaco Province ⁢right ⁣here ⁤on ​Time.news!

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