The presidential candidate for La Libertad Avanza burst into politics with ideas as controversial as they were disruptive. Point by point, what Milei proposes.
The presidential candidate of Freedom Advances, javier milei, made numerous campaign promises that contain a strong economic imprint. “We will propose a series of sequential reforms for give back the freedom to the argentines“He said days ago about his campaign platform.
Javier’s proposals, one by one
shrink ministries
javier milei considers that “the Argentine state is the main cause of the impoverishment of Argentines”. It is within this framework that he promised that his “first government action will be to promote a complete reform of the state“, and he said that if he wins he will proceed to the removal of all ministries with the exception of seven, at the same time that one more will be created:
The ministries will be Economy, Justice, Inside, Security, Defending, External relationships, infrastructure and will create the Ministry of Human Capital.
Regarding the possibility of layoffs of public employees In the event of these measures being carried out, he pointed out that “we are not going to fire any career State employee”, but that they will be reassigned, although he will advance in the dismissal of “all political and appointments that have been made during the year 2023“.
According to the explanation of the current national deputy, within the Ministry of Human Capital the powers of Health, Social development, Job and Education. “To jointly attack the problem of adequate development of Argentines in precarious situations,” she specified.
Total elimination of state public works
javier milei referred to his proposals regarding infrastructurewhere the transversality of its reform is supported by “the total elimination of state public works replacing it with a private initiative scheme”.
“This will allow an avalanche of works to emerge that the private sector needs for its development without the interference of the State that all it does is steal with public works“, argument.
He also proposed a scheme which he described as “revolutionary“: “a national program to promote urbanization trustsneighborhood infrastructure and construction at cost”. In addition, he indicated that they will promote “the massive development of private works financed by the private sector through the private credit“.
Dollarization of the economy
Another proposal from Milei is to establish a currency competition that allows citizens freely choose the monetary system or the dollarization of the economy.
Economic plan: austerity and reforms
- Drastic reduction in public spending: “reduce expenses by 15% of the GDP“.
- tax reduction: “remove 90% of the current taxes that only have an impact of about 2% of the GDP in terms of collection but hinder the functioning of the economy.
- Labor modernization: “We will advance in a reform of the Argentine labor system to go to a model like the one that has implemented the UOCRA with a scheme of unemployment insurance with greater financial depth. […]. This model will allow eight million Argentines that are outside the system can be incorporated into it”.
- commercial opening: “Unilateral commercial opening to the Chilean one. Given that with our reforms Argentine companies will be competitive in the world, the commercial opening will open up a market of 8,000 million people.”
- currency reform:”Elimination of the Central Bank to end inflation forever. […] We develop alternative plans to redeem the liabilities and that after the elimination of the central bank Argentines can trade in the currency they prefer”.
- Energetic reform: “The current energy system is disinvested, underfinanced, inefficient and at risk of collapse. Supply subsidies distort the price signal that the market needs to carry out the economic calculation necessary to invest and grow.” In this sense, he listed that it is necessary “eliminate economic subsidies“; “implement realistic fee schedules“; “reformulate the regulatory entities”; “migrate towards a scheme of demand subsidy for those Argentine families that require it”.
- Investment promotion: “We are going to promote an investment regime focused on mining, hydrocarbons, renewable energy and forestry.” To do this, they will promote: “removal of exchange restrictionselimination of the collection of export duties and generation of a special promotion regime for long-term investments”.
- agricultural reform: “For us, the countryside will be one of our main allies. We want to once again be the breadbasket of the world.” To this end, among other measures, they will promote: “removal of all holds and export duties” and “sanction of a Seed Law“.
Source: Ambito
