Javier Milei prepares a national chain for the anniversary of his administration

Javier Milei prepares a national chain for the anniversary of his administration

Summarize 2024 and project 2025: with these objectives, Javier Milei will star in a message national chain next December 10, where it will seek to recognize this year’s social effort and begin to install its reform agenda for the next semester.

As Ámbito learned, the message will be recorded although it is unknown if it will be in his office at the Pink House or in the White Living Room. In addition to criticizing the inheritance received, the president will emphasis on the economic objectives achieved by its management: macroeconomic stability, the reduction of the exchange gap, the decrease in inflation and the fiscal surplus. Likewise, references are expected towards the security and international relations agenda.

It would be the seventh national channel of President Javier Mileiafter the announcement of the DNU 70/2023 days after taking office; another two for management evaluation prior to the end of their first semester in office; another two for May 25 and July 9; and the presentation of the project Budget 2025 (which was ultimately not approved).

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Javier Milei at Casa Rosada during his inauguration day.

Mariano Fuchila

On that same day, although not jointly, the President of the Nation will hold meetings with five globally recognized economists, including Tom Sargent, winner of the Nobel Prize in Economics in 2011 (shared with colleague Christopher Sims). The other four are Argentine and have extensive international experience: Fernando Álvarez, Guillermo Calvo, Sara Guerschanik and Juan Pablo Nicolini.

Pension and tax reforms: two of Javier Milei’s objectives for 2025

“I started to think about the government measures for what will be in 2025… Faced with the landscape, I confirm that I will continue with the chainsaw fully… LONG LIVE FUCKING FREEDOM!!!”, the president published last Tuesday on social networks. Javier Milei.

The policy of zero deficit (or rather surplus) will continue to be the fundamental pillar of government management. For this reason, Milei is not willing to give in to increasing allocations, as some provincial leaders demand. The reduction of personnel in state departments will also continue. On the one hand, expiring contracts will not be renewed, and staff of retirement age will retire. Another mechanism to reduce personnel will occur through the elimination of areas whose functions are no longer required.

“The purpose is to eliminate all superfluous expenses generated by the State,” summarizes an important collaborator of the Casa Rosada. But not everything will be a “chainsaw”, the La Libertad Avanza government seeks to radically transform Argentina based on its ideology. In this sense, as far as he was able to know Scope exclusively, at the direction of the first president, The technical teams are working on “deep reforms” that cover the tax, pension, labor and criminal areas, among others.

In tax matters, The Executive Branch aspires to reduce the amount of taxes to five or six. The intention is to have the project advanced so that the head of state can present it to Congress in the speech at the opening of ordinary sessions 2025, on March 1, as announced in the Casa Rosada.

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Javier Milei with the Government's economic team.

Javier Milei with the Government’s economic team.

The initial objective is to simplify the tax system. The ruling party warns that a significant initial reduction in the tax burden is ruled out, since the priority is to maintain balance in the Treasury accounts. The national government also considers that each province must define its tax policy.

Another of the important reforms that the Government is developing, also for next year, consists of change the pension regime contemplating, among other aspects, the elimination of special regimes. The official assessment is that, if all privilege regimes were abolished, the minimum retirement could be tripled. If this elimination of the privilege regimes were applied, the minimum retirement, which today stands at $259,600, would go to 778,800.

Source: Ambito

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