The general secretary of the Colorado Party explained why his space requested 10 more days to analyze the latest changes in the pension reform project.
The ex-president Julio Maria SanguinettiSecretary General of the Colorado Partystated this Friday that “there were two agreements that were not fulfilled” in the discussion for the social security reform and ratified that his space will make “some proposals” more to the project.
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After the Presidency accepted the initiatives to modify the social security reform project carried out by Open Town Hall (CA)Partido Colorado raised its hand and asked for a 10 day extension to analyze the changes. Thus, once again the treatment of the government’s flagship project was delayed.


“There were two agreements that were not fulfilled. A first final version agreement had been reached on October 17, which we made public. Then it was challenged and another agreement was reached in Parliament, apparently final also in the Senate. Then, we got to the Deputies and there the Cabildo resubmitted those applications and upon accepting them the president reopens the negotiation”, explained Sanguinetti.
Specifically, CA managed in the negotiations to reduce from 25 to 20 the number of years that are considered in the project for the retirement calculation and that the treatment of the article of the AFAP investments abroad.
After reaching consensus, last weekend the colorados informed the president Luis Lacalle Pou that they would not vote on the file without knowing the exact impact of the changes.
Then, the ex-president affirmed this Friday at a press conference that, when the discussion was reopened, “there is a new stage” and “the Colorado Party is going to make some proposals”. “We hope to reach a final agreement. I have no doubt that it will be reached,” she added.
The extension period is until this Thursday April 20, day on which all partners must agree once again. Otherwise, the processing of the project will remain on hold.
Source: Ambito