Deputy Arnaldo Samaniego, author of the project that authorizes the IPS to make loans to pay debts, summons employers, workers and the media this Monday, to clarify the scope of the proposal and emphasize that retirement funds will not be touched.
Two projects that concern the financial situation of the Social Welfare Institute were presented by the official Colorado deputy, Arnaldo Samaniego. To date there have been two treatment attempts in the plenary session of the Lower House, but due to concern about the consequences and confusion about how the new credits will be resolved, both were postponed.
To dispel doubts, Samaniego calls a press conference this Monday, October 24 at 9:30, in the hearing room of the Bicameral Budget Chamber of the Chamber of Deputies.
The first project is the one that authorizes the payment of the debt of the Paraguayan State with the IPS, whichue amounts to 3.2 billion guaraníes until August 31.
The text provides that the Executive, through the Ministry of Finance, certify the debt and initiate the financial and budgetary procedures for compliance with the contribution.
are contemplated three years of grace for the beginning of the disbursements, from the entry into force of the law, in accordance with article two of the Law.
The second, which establishes administrative measures for the financing of the Illness and Maternity Program. In the first article, it is provided that the IPS request the Banco Nacional de Fomento, entities of the national or international system, the opening of credit lines in the medium and long term.
Related note: IPS requests credit to cover debt of USD 240 million with suppliers
The limit of the total annual quotas may not exceed 5% of the annual budget assigned for the fiscal year in which the financial operation is carried out. Payments will be covered solely with resources from the Illness Program.
If the debt is 240 million dollars, at a rate of 15 million dollars per year, the 5% deduction will be extended for 16 yearstime during which the health funds will suffer this cut automatically, according to the understanding of the former manager of benefits, Pedro Halley.
