Argentina's Senate passes property bill after dropping two key chapters
Argentina's Senate approved the Inviolability of Private Property bill, promoted by Deregulation Minister Federico Sturzenegger, by 37 votes to 33 early Friday, after the governing bloc withdrew the two chapters that drew the most resistance. The text now moves to the Chamber of Deputies.
Argentina's Senate approved the Inviolability of Private Property bill, led by Deregulation Minister Federico Sturzenegger, by a vote of 37 to 33 in the early hours of Friday. The governing bloc secured passage by withdrawing the two chapters that had drawn the strongest resistance.
The removed chapters had been the target of the sharpest criticism from opposition lawmakers and several civil society groups. The government maintains that the remaining text will strengthen property rights and improve the investment climate.
The bill now moves to the Chamber of Deputies for further debate. The outcome of that vote will be watched closely as a signal of the government's capacity to keep pushing its broader economic reform agenda.
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