The Government formalized today the decision to transfer TX31 bonds to the city of Buenos Aires as a form of payment for the co-participation funds, within the framework of the precautionary order of the Supreme Court in which it increases the mass of funds allocated to the district by 2, 95%, while the Buenos Aires management filed a criminal complaint against officials of the National Executive who did not comply with the ruling.
The Court ordered last Wednesday an increase in the co-participating mass in favor of the city of Buenos Aires (CABA), in the framework of the dispute between the two governments over funds for the transfer of the police in 2016.
In this context, the President Alberto Fernandez Last Thursday, he released a statement in which he called the CSJN ruling “political” and “impossible to comply” and announced that he would challenge the judges and present an “in extremis” challenge. But then on Monday, he announced the decision to comply with the precautionary measure through the use of public securities, and reaffirmed the decision to move forward with the presentation of the appeal against the decision of the highest court, as well as to challenge its members, a measure that It was materialized today through two documents that bear the signature of the Treasury Attorney (head of the State lawyers), Carlos Zannini.
The payment of the co-participation through bonds was made official today with the publication of Administrative Decision 1282/2022 of the Chief of Staff in the Official Gazette.
Parallel to that decision, the president announced yesterday that he would send a bill to Congress in order to include the provision of the Court in the budget. “In response to the precautionary measure issued in the Judicial File cited in the Visto, the National State has decided to seek the possible remedy in the current circumstances, while the substantive issue is resolved or the Honorable National Congress enacts a law to provide for in the budget the attention of the judicial measure ordered”, indicated the national Executive within the recitals of the measure published today in the Official Gazette.
According to article 1 of the provision, “the Ministry of Economy, through the Coordinating Body of Financial Administration Systems, must transfer to the Banco de la Nación Argentina the amount equivalent to ninety-eight thousand five hundred million pesos ($98,500,000,000) in Treasury bonds TX31”.
Within this framework, “instructions will be given to that bank to transfer daily to a bank account that will enable under the ownership of the Government of the Autonomous City of Buenos Aires, the necessary bonds to cover the difference between one point four (1, 4%) that historically was transferred to the Autonomous City of Buenos Aires within the framework of article 8 of Law No. 23,548, and two point ninety-five (2.95%) that provided for the precautionary measure issued” by the Supreme Court last week.
However, the measure, which bears the signatures of the interior ministers, Eduardo ‘Wado’ de Pedroand Economy, Sergio Massawas rejected by the Buenos Aires government headed by Horacio Rodríguez Larreta, who this morning stated that the Buenos Aires Executive filed a criminal complaint this morning in the federal courts of Comodoro Py against officials of the National Executive Power, whom he accused of not complying with the sentence of the court.
The letter denounces “those who are part of the Ministry of Economy and the Ministry of the Interior, who have been notified of the judicial decision, and the members of the Board of Directors of Banco Nación Argentina and other officials of the line of said banking entity.” And within the complaint it is detailed that “the facts could constitute a violation of articles 239 and 248 of the National Penal Code”, which typify the crimes of disobedience.
