Within the framework of the launch of the collection of signatures to force a plebiscite for the restructuring of debts to individuals, Guido Manini Riosassured that it is important change the rules of the game facing the 2024 elections since there is a large part of the uruguayans who suffer the payment of credits with high interest.
The leader of Town meeting, He spoke to Radio Carve and when asked about the little support his project received, he assured that, beyond the fact that there was a pandemic between 2020 and the current year, there were no intentions either by the other parties to collaborate.
“There was no interest in responding, when something began to be answered, what prevailed was that in Uruguay The rules of the game cannot be changed and the country is looked at seriously for not changing the rules of the game”, explained Manini Ríos.
The senator said that in October of last year the project went to the Plenary and had to return to the Commission. At that time, the former military leader assured that, if it is not approved, there should be a referendum since it is a serious problem; and although he accepted that all parties believe that the restructuring of debts to individuals is a problem, he stressed that an agreement has not yet been reached on how to carry it out.
Loan or usury?
Manini Ríos remarked that it is necessary to change the rules of the game since the debtors’ law No. 18,212, implemented in 2007, according to the CA leader, can be described as usury since the interests far exceed 100%. In this sense, he assured that he will against the constitution since article 52 expressly prohibits usury. “There is a law that enables what the Constitution prohibited,” he claimed.
“Here are two Uruguay, A and B. The first has no debt problem, whose concern is where he is going to spend his next vacation, when he is going to change the car. but there is another Uruguay B who is with his heart in his mouth and does not know if he will make ends meet and that he has to pay these usury loans”, explained Manini, who assured that CA toured the entire country listening to testimonies and that he believes that the government should help both types of countries.
Details of the referendum
On Tuesday, Cabildo Abierto officially launched the campaign of collection of signatures to force a plebiscite for the restructuring of debts to individuals in the general elections of October 2024.
With this, the leader of the Cabildo Abierto assured that “if this plebiscite materializes and becomes a provision that would end in the restructuring of the debt, many thousands, of the almost one million Uruguayans who are today outside the systemthey will be able to return,” Manini explained.
According to the president of the Central Bank of Uruguay (BCU), Diego Labat, there are 700,000 debtors who are considered unrecoverable, of which half are under 35 years of age. “Those people deserve a second chance,” Manini claimed.
In this sense, the leader of CA assured that the project is not designed for large debtors, but rather the maximum allowed for the restructuring of the debt it would be 200,000 Indexed Units (UI), that is, 30,000 dollars. On the other hand, the date of July 18 of last year was set as the limit of credits provided for consumption.
On the other hand, Manini assured that the project also covers debts with state institutionssince he considers that this is one of the worst loan sharks in Uruguay.
Source: Ambito
