Argentina’s Senate was due to vote yesterday, Wednesday, whether to approve the proposal by president Nestór Kirchner to be granted the power to allocate around $4.5 billion of budgetary funds without approval from the nation’s lawmakers. Greater flexibility in budgetary allocation is not a new concept for Argentina’s governments but Kirchner’s critics are worried about the increasing control being exerted by the president over the country’s institutions and his tendency to govern“by decree”. The president has countered that greater control is needed if anything is to be done and has accused some lawmakers of holding him to ransom and stopping him from governing effectively.
Technorati Tags: Argentina, Presidential Superpowers, Nestor Kirchner, Eduardo Bravo Losada, Bravo & Bravo Losada, IGAF, IGAFLA, Accountants, CPAS, Accounting Firms, Business Advisory, Contadores Publicos
No comments:
Post a Comment