Infrastructure Financing

After the adjustment of current expenses during the first year of Alfredo Cornejo’s management, the administration of the governor calls for bids to assign bonds for infrastructure financing.

The call was done by decree 95. The objective of it is to accelerate the administrative time and wait for good market conditions in order to have a quick reaction at the moment the province decides to make the offer effective.

The Finance Minister Martin Kerchner toghether with the director of the debt, Victor Fayad, are looking for an option that allows foreigners to invest in pesos in the local market.

Source: Gobireno de Mendoza

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