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Ricardo Quintela, Governor of La Rioja: “The ‘Chachos’ Return for the Payment of Salaries”

Summary by Infobae
The provincial president counted in Infobae en Vivo will reissue quasicurrencies to address the imbalance in public accounts

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The provincial president counted in Infobae en Vivo will reissue quasicurrencies to address the imbalance in public accounts

·Buenos Aires, Argentina
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Governor Ricardo Quintela questioned the policies implemented by the national administration, warned about the deterioration of economic activity and assured that the reality of the provinces is alarming. Things in the provinces are not right, they are terrible,” he said in describing the current scenario. In addition, he confirmed the return of the bonds of ...

The Governor of Rioja Ricardo Quintela announced the reintroduction of debt cancellation bonds, popularly known as "Chachos", with the aim of safeguarding the purchasing power of workers against future wage increases. Likewise, the governor clarified that this financial instrument will not be used to pay half aguinaldo. The provincial president presented himself in the studies [...] La entrada La Rioja announced the return of the quasi-currency …

The governor of La Rioja, Ricardo Quintela, confirmed the return of the so-called “Chachos”, the provincial quasi-currency that had been created in 2024 to face financial difficulties. As he anticipated, the Debt Cancellation Bonds (BOCADE) will be circulated again and could be used for the payment of state salaries. During an interview on a streaming channel, the president explained that the measure responds to the economic complications that t…

The governor of La Rioja, Ricardo Quintela, confirmed that he will issue a provincial bond, in view of the critical situation in the public accounts of the district, for the payment of salary increases to public employees. The president explained that he will have to reuse the quasi-currency “chachos”, officially called Debt Cancellation Bonuses (BOCADE), for the payment of salaries for the lack of genuine resources. The president explained that…

The governor of La Rioja, Ricardo Quintela, confirmed that his administration will reissue the Debt Cancellation Bonuses (BOCADE), popularly known as "Chachos", as a tool to finance future wage increases of state workers in a context of strong pressure on provincial public accounts. The president explained that the measure aims to sustain the purchasing power of public employees in the face of the economic crisis and the fall of resources faced …

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elfederalonline.com broke the news on Wednesday, June 3, 2026.
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