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    Government prioritizes projects to reduce pensions

    Legislators still haven’t arrived to an agreement on the matter of public employment

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    The motion approved this Wednesday to prioritize discussion of three projects that intend to reform excessive pensions in the public sector is the first stage of the fiscal reform, confirmed the president of the legislative assembly Antonio Álvarez.

    The legislator said this Thursday on the program Nuestra Voz that the agreement achieved in the Plenary iis evidence of the representative’s intentions to proceed with the matter. One of the benefits that they plan to limit is the ability to inherit an unlimited sum, in the case of congress members an increase of 30% yearly, so the reform would put a cap on these monthly payments in special regimes.

    The approved motion also includes two projects to enforce regulation of international bribery crimes and authentication of capital. Álvarez said that there’s a good atmosphere in congress to continuing advancing with these fiscal reforms. The second phase of the reform would be approval of expediting a law against economic fraud foremost advancing the efficiency of public spending.

    Álvarez emphasized that they’re still not on agreement when it comes to public employment but he’s confident that they will come to a consensus soon. The president of the assembly continued by saying that the last point of the agenda is the theme of new taxes such as the tax on additional value and rent, both of which were pushed forward by the executive power.

    The legislator said that after the meeting with the presidential house they compromised to work on an agenda of a project that would focus on economic growth in the country. Álvarez expects that in line with the fiscal reform, the new project will receive approval this Thursday in the plenary. This obligation of the institutions that have achieved surpluses the years is to return the resources to the public funds.

    This project gave the Ministry of Taxes the power to recover surplus funds that the aforementioned institutions haven’t used in a time span of two years.

    Legislators still haven’t arrived to an agreement on the matter of public employment

    The motion approved this Wednesday to prioritize discussion of three projects that intend to reform excessive pensions in the public sector is the first stage of the fiscal reform, confirmed the president of the legislative assembly Antonio Álvarez.

    The legislator said this Thursday on the program Nuestra Voz that the agreement achieved in the Plenary iis evidence of the representative’s intentions to proceed with the matter. One of the benefits that they plan to limit is the ability to inherit an unlimited sum, in the case of congress members an increase of 30% yearly, so the reform would put a cap on these monthly payments in special regimes.

    The approved motion also includes two projects to enforce regulation of international bribery crimes and authentication of capital. Álvarez said that there’s a good atmosphere in congress to continuing advancing with these fiscal reforms. The second phase of the reform would be approval of expediting a law against economic fraud foremost advancing the efficiency of public spending.

    Álvarez emphasized that they’re still not on agreement when it comes to public employment but he’s confident that they will come to a consensus soon. The president of the assembly continued by saying that the last point of the agenda is the theme of new taxes such as the tax on additional value and rent, both of which were pushed forward by the executive power.

    The legislator said that after the meeting with the presidential house they compromised to work on an agenda of a project that would focus on economic growth in the country. Álvarez expects that in line with the fiscal reform, the new project will receive approval this Thursday in the plenary. This obligation of the institutions that have achieved surpluses the years is to return the resources to the public funds.

    This project gave the Ministry of Taxes the power to recover surplus funds that the aforementioned institutions haven’t used in a time span of two years.

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