AN Commission receives proposals to reform savings banks

The Permanent Commission for Comprehensive Social Development of the National Assembly (AN) received this Wednesday proposals from representatives of different savings banks of the National Public Administration (APN), in order to reform or adapt to the new times the instruments that are handled on the matter.

It should be noted that there is the Law of Savings BanksSavings Funds and Similar Savings Associations, legal instruments that are expected to be updated to improve benefits for users.

The president of the Subcommittee on Labor Affairs and Social Development, deputy Luz Coromoto Chacón, explained that this first meeting will make it possible to make the Housing and Habitat Benefits Regime Law (FAOV) viable, an instrument that will promote financing for housing acquisition programs workers’ homes, referred to a note from the AN.

Strengthen the proposals

The purpose of the meetings is to “motivate the savings banks to strengthen the proposals made by the Bolivarian Socialist Central of City, Countryside and Fishing Workers (CBST), in which the reform of the FAOV is expanded and it is encouraged that the savings banks are integrated into this process,” said Chacón.

Delegates from the savings banks of the National Telephone Company of Venezuela (Cantv), the National Electric Corporation (Corpoelec), the Caracas Metro, the National Land Institute (INTI), the Caracas Mayor’s Office, the Council of Municipal de Libertador, Hospital Universitario de Caracas (HUC), Cicpc and National Assembly, in addition to the Savings Bank of the Public Employees Sector (Casep).

This work that the AN Commission has been carrying out is part of the dialogue tables promoted by the President of Parliament, Deputy Jorge Rodríguez, following the instructions of the President of the Republic, Nicolás Maduro, to promote social dialogue for peace and unity in the country.

Workers: projects

To expedite the processes and give them ownership, workers must present projects that generate their own resources “to capitalize and activate the housing sector for the benefit of workers and workers and compete in a healthy economy,” said the delegate of the savings bank of the INTI, Ginaldo Lopez.

960 savings accounts

Currently, Venezuela registers around 960 savings banks that group more than 2,140,000 associated workers.

However, it was revealed after the meeting that the workers belonging to the country’s savings banks “have been affected due to the sanctions imposed by the United States Government.”

last reform

The last reform of the Law on Savings Banks, Savings Funds and Similar Savings Associations, was carried out in 2010, based on 110 articles.

Currently, the aim is to complement with the concrete contribution of workers the legal instruments available to users of savings banks, with the aim of strengthening access to goods such as vehicles, homes, and others, through this savings system, indicated the note.

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