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Each week we search for and select the most relevant news to share with you in this newsletter.

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By: Gabriela Pinto
Lawyer - Commercial and Corporate Law

 
 
 
 

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This is the presidential directive on austerity in public spending

Through Presidential Directive No. 8 of 2022, the President of the Republic issued the guidelines on austerity in public spending, addressed to all entities that integrates the executive branch at the national level. It also empowered the Administrative Department of the Presidency of the Republic and the Ministry of Finance and Public Credit to perfom the follow-up on its compliance.

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This is the Energy and Gas Regulatory Commission (“CREG”) resolution for the reduction of costs in the electric energy tariffs

The CREG issued Resolution 101 027 of 2022, through which it establishes the possibility of temporarily modifying the indexation factors of the variables used to determine the income and charges defined by national network operators and transmitters.

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