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Manini Ríos assured that lenders are lowering rates because of the plebiscite

Manini Ríos assured that lenders are lowering rates because of the plebiscite

The senator and presidential candidate of Cabildo Abierto showed his conviction that the initiative is having an impact on the credits granted.

The senator and presidential candidate of Cabildo Abierto (CA), Guido Manini Ríosassured that national financial institutions and lenders are “significantly” lowering the interest rates because of the plebiscite promoted by his political force, whose campaign is called “For a Just Debt.”

The lobbyist leader said this Monday at a press conference that despite not yet reaching the number of signatures requested by the Electoral Court to reach a plebiscite, the campaign has already begun to have an impact on the behavior of financial companies.

In turn, he reported that CA has about 215,000 signatures, of the more than 276,000 necessary to carry out the plebiscite and that they should be presented before Saturday to carry out the popular consultation in the next election in October.

“For the first time Uruguayans heard the word usurythey realized (that) usury had been applied in this country for many years and they also knew that this is a violation of the Constitution of the Fragrant Republic,” said the candidate.

Likewise, Manini Ríos continued telling the media that “for the first time Uruguayans heard a fair concept of doubt, which implies that there is also an unfair debt, and they learned (of) that there are almost 1 million Uruguayans in the clearing, or that there are 700,000 irrecoverable debtors”.

Manini Ríos attacked Uruguayan lenders

Along the same lines, the retired military man pointed directly against the lenders, highlighting that they “have made their positions more flexible when negotiating with the debtors, knowing well the discussions they will have to engage in if there is a plebiscite and the difficulties in explaining the reasons for the difficulties they are causing”.

Finally, he explained that for these reasons, they will continue with the collection of signatures, even if they did not reach the goal number for next Saturday. “We are going to continue until we complete the signatures, there is an election that is the runoffand there we would have until May 24,” said the lobbyist.

Source: Ambito

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