From Tuesday, February 13th to Monday, February 19th, 2018
The Ministry of Economy and Finance extended for 30 days validity of Emergency Decree No. 003-2017. Debate on new law project that will replace the aforementioned decree is pending in Congress
The Ministry of Economy and Finance reported that as part of the joint work carried out with the Congress of the Republic, it was agreed to extend the term of Emergency Decree N° 003-2017, in order to have more time for a detailed analysis and debate of the Law Project No. 2408-2017, which seeks to replace the aforementioned emergency decree.
However, the extension of Emergency Decree N° 003-2017 keeps companies in the construction that are being investigated for acts of corruption under great suspense, as well as workers of such companies, creditors and even the companies of the financial system, which have agreed not to grant financing to the aforesaid companies until a new law is approved that allows greater predictability of the payment of civil compensation and thus guarantee the payment chain of investment projects.
The debate will continue in the coming days and will be held in the justice and economy commissions of Congress.