Cristina Kirchner announced a plan for savers to invest in real estate

Argentina, August 21, 2012

Today, the President Cristina Kirchner said she is developing a plan with the Uocra and Anses in a program that will allow savers to invest in real estate to be built on disused state spaces.

“We are working with developers, with Uocra and Anses, which has a great expertise in order to achieve in state property to enable private development, and public works, strengthen savings instruments” said CFK.

The president gave no further details of the new housing plan, but said that “because they want to save, we will help them to do so with many instruments safer than money.”

She also recalled the “tradition of Italians and Galicians who see the bricks as the safest investment. And in this volatile world, I think the bricks are the safest investment and we are willing to offer new savings instruments.”

The President’s announcement was part of an act in which she announced the new dams in Santa Cruz.