The message was written through his personal X account, where he also shared a graph that shows the variation in the number of public employees since the libertarian arrived at the Casa Rosada. According to the minister’s data, More than 30,000 jobs were cut.
Federico Sturzenegger shared the data on the cuts in public employees
Through his official X account, the minister shared the data of variation in the workforce of public employees since the arrival of Milei in December and updated to the month of September.
The graph shows that, in total, 33,291 people were cut. In detail, 20,026 were employees that belonged to the administration centralized and decentralized of the Statewhile 11,014 corresponded to workers of public companies and 2,251 They were personal military and security.
In this sense, the official celebrated what was achieved in almost 11 months of management. “The only sustainable way to lower the tax burden is by lowering public spending. President @JMilei’s entire team works for it“he explained.
The decrease in public spending is one of the greatest pursuits of the libertarian leadership. In this same sense, during the IDEA Colloquium held a few weeks ago in Mar del Plata, the minister told businessmen that “never again” should they ask for a reduction in taxes, but that their demand should be a “reduction in spending.” .
Last week, the portfolio led by Sturzenegger began a process of intimating public employees in retirement conditions to begin retirement procedures. As detailed, the measure will reach around 10,000 workers, of which 6,800 people belong to permanent staff.
Federico Sturzenegger celebrated the level of economic activity
In the framework of his dissertation at the Argentina Fintech Forum that was held at the Usina del Arte, the main person in charge of the liberalization of regulations in the government of Javier Milei defended the budget cuts and the adjustment in the State plant as a basis to reduce the fiscal deficit. “I worked in many governments. The president’s obsession with fiscal balance is off the chart, I never saw it,” he said of Milei and added: “Argentina needed it and more for this industry“, he stated.
“Every peso that the Government spends is an expense that the Government absorbs from the rest of society and is not available for credit or private spending.”Sturzenegger explained to the audience during what was the closing of the event. According to the official, the reduction in spending “allows for lower taxes and society can spend them in the private sector. And to spend that they are going to need you.”, he told those present.
Next, the former head of the BCRA in the Macri government and an official in the De la Rúa administration maintained that the current level of economic activity “He is taller than when Milei took office“. “This drop in public spending was compensated ‘one by one’ with an increase in private spending,” he assured.
According to the data of the Monthly Estimator of Economic Activity (EMAE) published by INDECthe August series index showed that the economy accelerated its decline by 3.8% in August compared to the same month last year, although in the seasonally adjusted monthly variation it advanced, but only 0.2%.
To continue on the path of economic recovery, Sturzenegger announced that under libertarian management they will continue “in a hurry” to the State of the middle. “What does wealth ask of the laws to increase and reproduce? It asks the same thing that Diogenes asked of Alexander the Great, who asked him if he could move so as not to block the sun,” he said and exemplified: “No “Shade me. In Rio de la Plata it is: don’t break my balls (sic), don’t complicate me with rules that serve no purpose.”
“Many regulations have to do with interests, with fears of regulators who believe that Its mission is to protect us from ourselves. That which seeks to protect may protect something but destroys much more,” the minister continued, and then referred to the fintech sector: “This industry, When I was president of the BCRA, I refused to regulate it because I did not see any risk to protect. The banks put a lot of pressure on us to regulate and liquidate them. And you also asked me, to know ‘what my ecosystem’ is. It’s scary to jump into the pool.”
To close, as a harangue, the official told those present: “Anything is possible, you don’t have to wait for the Government to tell you how to do it. Macro stability is going to give them a lot of resources and business because it transfers spending from the public to the private sector.”
Source: Ambito
