Argentina’s Central Bank Implements Provincial Debt Restrictions

INSUBCONTINENT EXCLUSIVE:
regions.Presidential spokesperson Manuel Adorni confirmed this significant policy shift
This move limits a crucial financial tool provincial governors often used for urgent fiscal needs.Simultaneously, provincial leaders are
president powers to legislate in place of Congress.The proposed bill also includes major tax reforms and changes in financing for cultural
discipline, targeting risks from decentralized financial management and controlling provincial overspending and debt.It fosters fiscal