US EditionKicillof Achieved the Financing Act: the Legislature Approved the Indebtedness for Us$ 3,685 Million
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(NA) – The approval of the debt for USD 3,685 million requested by the governor Axel Kicillof opened a strong internal conflict between La Libertad Avanza and PRO in the province of Buenos Aires. The negotiation included the expansion of the board of directors of the Banco Provincia and led to the first public crosses between the two spaces. Libertarian leader Sebastián Pareja exposed the unrest with a message on social networks, where he descri…
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LA PLATA, December 3, 2025 – Total News Agency-TNA-Governor Axel Kicillof again deployed his main political negotiation tool: the Banco Provincia, which in recent months has become an extensive device to absorb tensions, co-opt circumstantial allies and secure key legislative support. The recent approval of indebtedness for $3.5 billion in the Buenos Aires Legislature was no exception. To obtain the two-thirds necessary, the president opened the…
The Buenos Aires Legislature passed the Law on Financing promoted by the Executive, with the support of the two thirds of the legislators present. The law guarantees direct benefits for the municipalities, including the Emergency and Strengthening of Municipal Investment funds, in addition to the cancellation of debts that various communes maintain with the Province. The project includes the creation of a fund of 350 billion pesos, distributed a…
Kicillof Achieved the Financing Act: the Legislature Approved the Indebtedness for Us$ 3,685 Million
The project plans to contract a debt and guarantees benefits for municipalities through the Emergency and Strengthening Municipal Investment funds. It was approved after 14 hours of debate. Read more
After an early dawn of tension and cross-negotiations in the Legislature, Governor Axel Kicilof got the financial tool he was looking for to close the 2025. What was negotiated with the opposition, how much money he entered and how it impacted on the payment of aguinaldos and the management of the municipalities. The budget and debt novel in the province of Buenos Aires had its final chapter this morning. While most of the Buenos Aires people sl…
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