Law on Public Investment (No. 24.354) of Argentina (Spanish)
Law on Public Investment (No. 24.354) enacted on August 22nd, 1994, creates the National Public Investment System, establishes the initiation and permanent updating of a national public investment project inventory and the annual formulation and management of the national public investment plan as its main objectives. This Law also determines the scope of the SNIP, defines, in its legal framework, what is understood by public investment, investment project and the stages of the investment project cycles, its goals and scopes. It determines the functions of the body responsible for the System and defines the characteristics of the National Public Investment Plan (PNIP).