Following President Javier Milei’s national broadcast, in commemoration of his first year in office, the Ministry of Economy also offered a few words.
The Ministry of Economy that commands Luis Caputo He also gave a few words for the first year of Government, as he did Javier Milei from a national chain, but in this case it was on social network “unobjectionable facts” that lay the firm foundations for an “orderly, stable and prosperous economy.”
“In just 12 months of management, we achieved reverse the worst economic inheritance that no other government in the country’s history had receivedand that condemned us to inevitable hyperinflation. Today, with unobjectionable facts that validate the chosen economic course, a long and sad history of decline comes to an end, and firm foundations are laid for an orderly, stable and prosperous economy,” was the text published by the Treasury and accompanied with a video .
Milei, on national television: the new economic measures that are coming
One year after his assumption of the presidency, Javier Milei offered a speech on national television. In addition to presenting a balance sheet in which he highlighted the progress made in various areas, the president announced a series of measures that will mark the course of his management in the future.
From there he announced a structural tax reform that will aim to reduce the amount of national taxes by 90%, returning to the provinces their tax autonomy. He also spoke about the elimination of the exchange rate.
Milei announced that the stocks will be lifted next year, through a program with the International Monetary Fund or agreements with private parties.
Regarding free competition in currencies, he assured that the use of any currency for everyday transactions will be enabled, allowing the purchase, sale and billing in dollars or other currencies. The only exception will be the payment of taxes, which will continue to be made in pesos.
Source: Ambito
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