62nd General Assembly
Mexico City, Mexico
September 29 to October 3, 2006
Camino Real Hotel


Reports and Resolutions


CHILE
Report to the Midyear Meeting
Quito, Ecuador


The press has continued to work in complete freedom. However, despite importance advances in access to government sources, there continue to be difficulties created by various government institutions to hamper the work of the press.

In August 2005, a constitutional reform was approved that establishes the principles of probity and government advertising. The new Article 8 of the Constitution establishes that “acts and resolutions of government institutions are public, as well as fundamentals and procedures they use.” Furthermore, it affirms that “only a law approved by majority vote can declare an item classified or secret” if it complies with certain conditions.

Nonetheless, various government institutions continued issuing resolutions that declared certain documents or actions as secret or classified, including those that have been produced after that date. They have resorted to Decree 26 from 2001 from the Ministry of the Secretary General of the Presidency that regulates the form in which they can create exceptions to advertising that had been established by the Law of General Basics in State Administration in 1999. Although this decree was rejected by the General Finance Office of the Republic last year and despite the new article in the Constitution, old habits and the desire of public officials to keep their actions hidden from the citizens has led to them this recourse.

After multiple complaints from the press and public opinion, in January this year, the Executive branch expressly overturned Decree 26 and it is hoped that the constitutional article will enter into effect and that the new government and all national political sectors will comply. The first signs are not too promising, since the same Senate that approved the constitutional reform has not put an end to the secret ballot and even censured its president who tried to put an end to this type of voting.

A new angle to the debate on press freedom began in January when the Superintendent of Stocks and Securities fined the editor and owner of the financial newspaper, Estrategia $500,000 dollars. The fine was imposed after investigating the huge increase in the stock price of a company, which the Superintendent attributed to information on that company published in Estrategia during those months, and the fine was applied because the newspaper owner was alao the owner of the company quoted on the stock market. The Superintendent viewed this as a violation to Article 61 of the Stock Market Law, which prohibits influencing the market by spreading false or tendentious information. Consequently, an administrative fine was issued, which is being appealed, and the case will be resolved in the courts. Additionally, charges have been filed as stipulated in the Stock Market Law.

Independently of this incident, this episode can harm the credibility of the press and result in new regulations, which has occurred in other countries with more advanced stock markets. Even though they have a worthy goal of safeguarding shareholders, this could become an obstacle to free information.






 


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Reports & Resolutions


58th IAPA General Assembly
JW Marriott Hotel & Stellaris Casino

Lima, Peru
October 26-29, 2002