The national government has extended the deadline by 60 business days for provinces to join the debt compensation regime with the state. This mechanism, called the 'Regime of Extinction of Reciprocal Obligations,' allows the parties to agree on 'compensations, conciliations, transactions, recognitions, remissions, and any other operation that tends to the determination and cancellation of reciprocal debts.' This process requires the preparation of technical reports on the verisimilitude and quantification of the amounts proposed for the exchange. If there are differences between the technical reports of the Nation and the jurisdictions, a negotiation period of up to 180 business days will be opened. During this time, a consensus will be sought based on the principles of 'good faith and federal loyalty'. Each party will be responsible for the debts and/or credits it offers to negotiate, agree upon, and sign in each agreement.
