ANNOUNCEMENT 17 Jul 2012In July 2012, the government of Argentina announced a change in the access to public tenders.
NUMBER OF INTERVENTIONS
Decreto 1187 of 17 July 2012, published in Official Gazette of 19 July 2012: http://www.infoleg.gob.ar/infolegInternet/anexos/195000-199999/199780/norma.htm
On July 17, 2012, the Government of Argentina ordered through Decree 1187/2012 that public employees' salaries should be channeled through accounts created at the state owned Banco de la Nación Argentina.
This measure applies to all government entities: local and central government, state owned enterprises as well as all enterprises and trust funds with majority of state ownership. The decree grants the Banco de la Nación Argentina exclusive access to initial deposits and other banking services.