the next adjustment measures prepared by the Government

the next adjustment measures prepared by the Government

Federico SturzeneggerMinister of Deregulation and Transformation of the State, celebrated the cuts carried out by the President Javier Milei in 9 months of administration and he announced what his next battle fronts will be: “President Milei already managed to reduce spending by 30% this year and we are going to continue on that path of cuts with the ‘deep chainsaw’ because the commitment to fiscal balance is not negotiated”he stated at the closing of the 29th International Economic Symposium of the Association of Friends of Tel Aviv University.

During his presentation, the official highlighted the most recent milestones of the adjustment, such as the simplification of the Single Registry of Motor Transport” wave deregulation of the yerbetera industry. SAD, transportation and shipping are among the next targets in Sturzenegger’s portfolio.

Along these lines, Sturzenegger celebrated, for example, the simplification of the Single Registry of Motor Transport (RUTA), a procedure that was required of truck drivers. Recently the ministry decided that the process can be done online, free of charge, and was limited to units that carry more than 3,500 kilos, compared to the previous 700 kilos.

Javier Milei Chainsaw Bahía Blanca

“Deep chainsaw”the new stage of Javier Milei’s government plan.

On the other hand, he also celebrated the deregulation of consumer prices. In that sense, the minister pointed out about the yerba mate and assured: “If we had continued with the same pricing procedure of the Yerba Mate Institute that we had until last year, The price of Yerba would be 500 and today it is selling for 125the price of Yerba mate has already fallen in general terms 25, 30% in these months“.

“Deep chainsaw”: the next objectives of the Government

In addition to celebrating past victories, Sturzenegger also announced what the new battle fronts of the Government in matters of deregulation. In this sense, the official explained that, from Casa Rosada, they call “deep chainsaw” to the new stage of adjustment and shrinking of the State: “The commitment to fiscal balance is not negotiated“he stressed.

In this sense, Sturzenegger commented that he is working “in a decree of interjurisdictional passenger transport reform” and announced that “there will be a modification of the Traffic Code“. Thus, he also indicated that the Government “has carried out an important change in everything that is the transportation systemwhich has to do with the logistics and the commercial air transport“.

One of the most important fronts that the head of the Ministry of Deregulation and Transformation of the State referred to is sports. There, Sturzenegger made it clear that the Government will continue to insist on the Public Limited Sports Companies (SAD)battle that is being waged against the Argentine Football Association (AFA).

Sturze AFA.jpg

In recent weeks, FIFA communicated possible sanctions in the event that the Government intervenes in the AFA.

In recent weeks, FIFA communicated possible sanctions in the event that the Government intervenes in the AFA.

Along these lines, Sturzenegger stated that they will review the Decree 510/2023 which granted the AFA a series of tax benefits. “It is not logical that the AFA does not accept the freedom of the clubs to transform themselves, if they wish, into Sports Joint Stock Companies (SAD), as permitted by DNU 70/2023, but at the same time benefit from tax exemptions that all taxpayers pay”.

Finally, the minister assured that, as next steps, they will seek to modify the navigable waterways regime (REGINAVE): “Navigation is governed by a regulations called REGINAVEthe Navigation Regime, which has 500 pages!…they ask the same thing of a large ship that navigates the sea as of a Delta barge that is going to transport fruit. That is going to end“he sentenced.

Source: Ambito

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