Argentina lifts restrictions on certain foreign capital inflows
Description
Through Communication A 5020, the Argentine Central Bank repealed the 30% cash position which was required to foreign capital inflows originating from overseas sales of shares and securities.
Any Evidence-Based Deliberation:
| Question | Result |
|---|---|
| Is there anything in the public record to suggest that evidence of the effectiveness of the proposed measure was considered during official deliberations? | |
| Is there any evidence that alternatives to the proposed measure were considered? | |
| Is there anything in the public record that suggests that empirical evidence informed the comparison across the alternatives available to government? | |
| Was such evidence identified? | |
| Is such evidence publicly available? | |
| Did the official decision-maker in question provide an explanation as to why a chosen measure was favoured over alternatives? | |
| Is there any evidence to suggest that potentially affected trading partners were consulted before the measures were taken? | |
| Is there any evidence that safeguards have been put in place to ensure that implementation of the initiative is transparent and non-discriminatory? | |
| Did the government state its intention to review the measure within one year of implementation? |
Date Discovered: 19/01/2010
Implemented: Yes
Date of inception: 18 Dec 2009
GTA Evaluation: Green
Source:
Argentine Central Bank Communication A 5020: http://www.bcra.gov.ar/pdfs/comytexord/A5020.pdf
Government Response:
- 127 reads
