Argentine congress approves central bank law

Argentina's Congress approved a law Wednesday night to increase central bank autonomy. Under the law, approved by a vote of 112-41, the central bank will be allowed to temporarily advance the government funds in order to make debt payments to organizations such as the IMF, directors at the central bank will be given more immunity from prosecution and provinces will be prohibited from printing IOUs to pay workers.

Source: Bloomberg

Argentina's Congress approved a law last night to improve centra

To continue reading...

You must be signed in to use this feature.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: