The Argentine government plans a “mega-decree” to merge, restructure, or close about 50 state agencies as part of President Javier Milei’s stringent budgetary reforms. Key entities targeted include the National Mint and state media outlets, aiming to streamline operations and cut spending. The decree is expected to be announced soon, reinforcing Milei’s commitment to fiscal restraint.
Argentina’s government is finalizing a significant “mega-decree” aimed at reorganizing or eliminating approximately 50 state agencies and bodies. This initiative is part of President Javier Milei’s broader strategy of extensive budget cuts, which he has referred to as the “deep chainsaw” plan. An official from the Casa Rosada indicated the decree may be ready for public announcement as soon as this Friday.
The plan includes notable changes to several state entities, including the National Mint, which could face substantial transformations. Other potential closures involve the Housing Secretariat, the INCAA film institute, and state-owned media outlets like TV Pública and Radio Nacional.
During a televised interview, Milei hinted at these developments, confirming that the government is targeting around 50 state entities for reform, stating, “We are going against 50 state bodies.” This statement underscores the administration’s commitment to reducing government expenditure and streamlining public services.
The current initiative by President Javier Milei comes as part of a broader economic reform strategy in Argentina, aimed at addressing fiscal deficits and enhancing operational efficiency in government spending. By targeting state agencies, the government hopes to reduce bureaucratic costs and redirect resources more effectively. The initiative reflects a reaction to Argentina’s economic challenges, including high inflation and a struggling economy, prompting the need for urgent budgetary reforms.
In summary, President Javier Milei’s government is set to roll out a major decree that will drastically change the structure of approximately 50 state agencies as part of a larger cost-cutting initiative. With significant bodies like the National Mint and key communication channels on the list for reform, the decree marks a decisive shift towards austerity in Argentine governance. This reflects a continued emphasis on reducing state influence and expenditure in a challenging economic climate.
Original Source: batimes.com.ar
