La Rioja, in Default: the Governor Appealed Again to the Quasi-Currencies and Issued About $4 Billion of “Chachos”
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10 Articles
Ricardo Quintela's administration will deliver 50,000 Chachos to some 80,000 beneficiaries.Public employees, police and retirees are among those who will receive the quasi-currency.La Rioja is the only province in default.
Ricardo Quintela promoted the provincial currency for the first time in 2024; “they were a success,” justified the provincial finance minister
La Rioja reissued the Chachos, the Debt Cancellation Bonuses (BOCADE) issued in the province, with a new distribution destined to different sectors linked to the municipal and provincial state.The measure began on Monday, August 17, and contemplates the delivery of 50,000 Chachos per person to some 80,000 beneficiaries, representing a circulation of 4 billion of the quasi-currency within the Rioja economy.The payment schedule will extend until A…
The government of Ricardo Quintela recirculated the provincial quasi-currency with an extraordinary aid of $50,000 for some 80,000 beneficiaries. The t tulos maintain a parity of 1 to 1 with the weight and can be used in affiliated shops and for the payment of different services and taxes.
The President harshly criticized the governor after the re-launch of the provincial quasi-currency. Milei warned that these instruments are a deception for citizens and reflect irresponsible fiscal management. Milei's entry counterattacks the Governor of La Rioja by the "Chachos": "Es el Plan Platita 2.0" was first published in #BorderJournalism.
The Government of La Rioja decided to recirculate the “Chachos”, the provincial quasi-currency that had been implemented in 2024, with the aim of reviving consumption, strengthening local trade and sustaining domestic demand. Governor Ricardo Quintela re-launched the instrument with a new issue of $4 billion, which will be distributed to workers and beneficiaries from different sectors of the province. The initiative seeks that these resources b…
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