President Carlos Alvarado defended the plan intended to save the Port Administration and Economic Development Board of the Atlantic Coast (Japdeva), although it will have an impact on the country’s finances and fiscal deficit.
The text that is processed under the file 21.476 in the Commission of Government and Administration of the Congress and that will be discussed under a fast track offers the employees of the entity horizontal transfers, early retirement and the payment of benefits and additional incentives. It also authorizes State institutions to transfer resources of free or specific surplus to Japdeva.
On Thursday, Alvarado defended the plan, despite the fact that the Minister of Finance, Rocio Aguilar, said on Wednesday before the legislators that its operation would increase the debt and, therefore, will impact the State’s finances.
Aguilar also said that approving an extraordinary budget for Japdeva will only be successful if a bill is approved to transform the institution in virtue of the difficult economic situation it faces.
On the restructuring plan, Alvarado said that not doing the transformation would be “even more expensive” for the country.