The senator for the broad front (FA) and former Minister of Economy and Finance (MEF), Mario Bergaradescribed as demagogic the bill proposed by Town meeting (AC) for debt restructuring to individualswarning that it can lead to new problems for debtors.
The Frente Amplio legislator said at a press conference that The initiative of the lobbyists can lead to those who need cash ending up in debt with the “neighborhood usurer”where the money can come from criminal acts.
Bergara’s statements refer to the risk of the initiative of cap interest and modify the parameters of debt renegotiations.
For the senator, there must be channels for dialogue and compliance “that allow people to continue having access to financing from regulated sources,” since otherwise “It will ensure that no one in the regulated system lends to people who continue to need financing”.
“The cure can be worse than the disease”he said about these, which he supposes are some possible errors in the CA proposal, since the liquidity of the “neighborhood loan sharks” comes “probably” from activities outside the law.
Bergara assured that the problem of over-indebtedness in Uruguaywhich concerns some 600,000 citizensshould be addressed “without the demagogy of the CA proposal to gather signatures to put in the Constitution things that do not go in the Constitution.”
“The banks and the administrators are trying to collect” he slipped, adding that “when there are situations of over-indebtedness, they are clear that it is necessary to dialogue and generate longer terms.”
Cabildo Abierto will gather signatures to promote the plebiscite
Earlier this month, CA confirmed that will begin to collect signatures to promote a plebiscite for the project of debt restructuringafter considering that there are “hundreds of thousands of Uruguayans who today are considered irrecoverable debtors” by the Central Bank of Uruguay (BCU).
This was announced by the CA leader, Guido Manini Rios, who pointed out that it was a decision made unanimously by the Political Table of the space.
With this, CA insists with an initiative that was not supported by the National Party (PN), where they remarked that “the rules of the game should not be changed backwards”, and maintain that the debt “is an individual problem”.
Source: Ambito
