Orsi warns about “red numbers” in Ancap and announces change in management

The president of the Republic disseminated the negative balance sheet of the state company, corresponding to the year 2024, with which the executive branch found itself. The figure, which reveals a loss of 118 million dollars, will force a change of management, “but it must not alter the pocket of the Uruguayans,” he remarked. “After 10 years, we have again negative numbers in the balance sheet of the company Ancap,” said President Orsi on Frida…

President Yamandú Orsi warned this Friday that Ancap closed the year 2024 with losses for 118 million dollars, which marks the return to negative numbers in the state company for the first time in a decade. At a press conference, accompanied by the Minister of Industry, Fernanda Cardona, and the president of Ancap, Cecilia San Román, Orsi assured that the economic situation of the company is “concerning” and that it adds a total debt of 255 mill…