The former president slipped the idea that some legislators from his party would not disagree with foreign investments.
After the deputy of Town meeting (AC), Alvaro Perronewill ensure that some legislators of the broad front (FA) would be in favor of voting on the social security reform article that allows the AFAPs to invest money abroad, the former Frente Amplio president Jose Mujicaslipped before the press that this is certainly a possibility.
Except for CA, the norm related to the investment of the AFAPs abroad is supported by all the other member parties of the Multicolor Coalition, to which could be added the support of some FA legislators. The article has been a key axis of discussion for CA in recent times, to the point of conditioning its total accompaniment to the reform if it is not modified.
CA wants the AFAPs to invest the money in Uruguay, and not outside the country. Although the party has made its position more flexible regarding other points of the reform, such as the calculation of the years of the retirement contribution, the question of the AFAP seems to be non-negotiable.
Removing the AFAP would be “a legal disaster,” said Mujica
According to Mujica, although his party is “conceptually against the AFAP“, it is expensive to go back “when you create a reality that has been applied for years”, since this would cause a “a legal disaster“, so he understands that his party would not oppose it. However, he maintained that, if possible, “a good investment would have to be found in Uruguay.”
In turn, the former president pointed out that “we must look at the safety of people who are forced by law to deposit in the AFAP“, since it” will receive the future of its income in relation to what these funds produce.
Source: Ambito
