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Argentina Passes Emergency Economic Law to Increase Taxes

RIO DE JANEIRO, BRAZIL - The Argentine Senate passed the economic emergency law. Cristina Fernández de Kirchner, vice-president and, as such, president of the Senate, made her debut in a hectic evening session that ended minutes before 4 am on Saturday.

The package of measures proposed by Alberto Fernández's government, with strong tax increases and a six-month freeze on pensions, except for the lowest, received the support of 41 senators, with 23 votes against and one abstention.

In order to implement the law, the government had to commit Subscribe to our Premium Membership Plan. Already Subscribed?

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