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30 May 2019 Share

Entrepreneurs announce that they reached signatures to plebiscite financial inclusion



The initiative, supported by movements such as Un Uruguay, seeks to hold the consultationin the next departmental elections.

According to Francisco Alfonso Pérez, president of the Business Chamber of Maldonado, he announced at the end of April that reached the number of signatures necessary to bring the Compulsory Financial Inclusion Law to a plebiscite. In the press conference given by the owner of the trade union mentioned that a total of 272 thousand signatures were obtained, which are required by the Electoral Court to continue to the next consultation stage (FmGente).

The note from the newspaper El Observador also mentions that despite having reached the necessary number of signers, they will continue working to reach more adhesions. The idea is to submit the Inclusion Law to a popular consultation Financial in the departmental elections next May of 2020.

When the signatures are delivered, the Electoral Court must begin with the count. The validation process "that is carried forward by two members of the court of different party affiliation, consists in contrasting the form of the credential with the one registered in the electoral sheet".

The note also mentions that the Business Chamber decided not to target this consultation in national elections October, given that for this case, they had until April 27.

On the other hand, Salle's proposal "sought an aggregate in article 52 of the Constitution to explicitly state that any form of mandatory banking is prohibited and that every natural or legal person has the right to operate with cash in all types of economic or financial transaction regardless of the amount. "Also it included a provision special purpose for which banks and issuers of electronic money would not have the right to claim damages, losses and / or loss of income, alleging as a reason the reform".

On the other hand "Grows" (the Regional Chamber of Entrepreneurs and Merchants of the East) intends to reform four articles -24, 36, 53 and 85 of the Constitution- and among the main points to be discussed, establish that "no one may be obligated to conclude a contract against their will or may be sanctioned for not doing so, and that the use of electronic money or any other financial instrument will be optional for the contracting parties"

Finally, the note mentions that "it is established that the use of electronic money or inclusion mechanisms or others related to the financial system, which the law may enable will not prevent (impede) the right of interested parties, to cancel their debts or receive their salaries through payment in current effective currency, in physical instruments that will be issued by the monetary authority".

Material generated from the digital information of the newspaper El Observador: click here

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