The Minister of Deregulation and Transformation of the State, Federico Sturzenegger, announced that President Javier Milei sent the bill to Congress Leaf Litter Law that seeks to eliminate around 70 laws considered “useless, obsolete or that restrict our freedoms.”
The official highlighted on social networks that the project aims to deregulate and simplify the current regulatory framework, indicating that the analysis carried out identified the validity of regulations that date from previous presidencies.
According to a shared graph, the laws to be repealed are distributed as follows:
- Isabel Perón (1974-1976): 5 laws
- Alejandro Agustín Lanusse (1971-1973): 5 laws
- Reynaldo Benito Bignone (1982-1983): 5 laws
- Héctor José Cámpora (1973): 3 laws
- Juan Carlos Onganía (1966-1970): 3 laws
- Carlos Menem (1989-1999): 3 laws
- Raúl Alberto Lastiri (1973): 3 laws
- Jorge Rafael Videla (1976-1981): 5 laws
- Arturo Frondizi (1958-1962): 3 laws
- Néstor Kirchner (2003-2007): 3 laws
The minister concluded the message with a preview that more details about the project will be released soon.
As he was able to know Scopethe package of laws will aim to annul regulations that were created at the beginning of the 19th century or during military governments.
Sturzenegger is the face of deregulation in the Milei administration. Recently, the minister participated in the World Investor Week organized by the National Securities Commission (CNV) where he was in charge of carrying out the closure.
“I dream that SMEs issue shares, that they are not financed with debt,” said Sturzenegger at the beginning of his speech. “I think we are going to defend a much more economic freedom regime when everyone, in some way, Let’s be part of those companies and the productive effervescence that Argentina can have in its different sectors,” added the minister.
Furthermore, Sturzenegger warned that “there is no need to be afraid of excess deregulation” given that “can always be corrected“His statements are framed in the debate that arose after the announcement that the CNV will allow adolescents, from the age of 13, to have a client account in their name and carry out operations in the capital market.
“Regulation in the good sense tries to minimize risks, but we must weigh the risk it minimizes with the costs generated by that regulation. When we are in this process of designing regulations, we have to constantly be asking ourselves not about what the regulation does, but about what regulation destroys“, he delved.
Source: Ambito
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