Problems relating to Trade and Investment on Argentina

24. Indigested legislation, abrupt changes
Issue	Issue details	Requests	Reference

(1) Abrupt Legislative Enactment or Amendment without Prior Explanation

- GOA promulgates or changes Laws and Regulations without advance explanation to the public or advance market verification, which disrupts the enterprises plan for distribution of dividends.
- Amendments of Laws and Regulations are frequent and some of them are being implemented unofficially.

- It is requested that GOA administers with a mid-long-term projection.

(2) Low Level of Information Disclosure

- GOA's failure to enforce appropriate information disclosure detracts much from the Argentina's reputation and/or credibility in the international market in terms of the macro economy, while in micro terms, much time is wasted in completing each clerical work.

- It is requested that GOA:
-- makes an adequate disclosure of information, and
-- ensures that the directives and orders are issued to subordinate organisations thoroughly to reach the very end of the organisational hierarchy.

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