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The Government has not yet defined what it will do with the privatization of public companies

The Government has not yet defined what it will do with the privatization of public companies

This was clarified after knowing the DNU for the appointment of the new ministers. From there, it follows that posse will count among the powers of the Chief of Staff, that of controlling and supervising thepublic companies, one of the central items that Milei he remarked during his campaign speech, in relation to the privatizations.

According to the norm, the Chief of Staff must “intervene in the action plans and budgets of state companiesautonomous entities, decentralized or deconcentrated organizations and special accounts and funds, whatever their name or legal nature in their area; as well as in its intervention, liquidation, closure, privatization, merger, dissolution or centralization”, details.

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As a consequence, a sum of powers derives from this in the Posse’s role in management. The Minister of Economy also adds other functions, says the DNU of appointment of officials, who will have tasks such as liquidation, closure, privatization, merger, dissolution or centralization of these companies. Only at the end it has an addition. “In accordance with the guidelines decided by the Chief of the Cabinet of Ministers,” the letter specifies.

In this way, it is understood that Caputo will execute Posse’s orders, but will not be able to issue them. Guillermo Ferraro, who is in charge of several of the companies that could be in the sights of the adjustment, with Aerolíneas, Ferrocarriles Argentinos or Corredores Viales, does not have any in his long list of powers that gives him powers to define the destiny of any of them. . He will only be in charge of managing and carrying out the orders of the Chief of Staff.

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The new role of the Chief of Staff may also designate the directors “who will act on behalf of the national state in the companies and societies operating in the orbit of the Ministries and Secretariats that make up the National Public Administration.” In addition, it is entrusted with generating an information system that allows “the monitoring of the performance of companies and societies operating in the orbit of ministries and secretariats.”

In case there are any doubts, posse must “establish the guidelines and give the directives and recommendations to which they must adjust their actions by the heads of the national state agencies that have within their scope the ownership of the exercise of corporate rights in companies, State companies”, in addition to “understanding in the administration, coordination and execution of policies and actions that they make to the exercise of corporate rights corresponding to the shareholdings belonging to the national state in the companies within its scope.

Source: Ambito

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