tax cut, expansion of social spending and “100% presence”

2023-12-11 20:36:00

The new president Javier Milei advanced today during the first cabinet meeting of his administration in “seeing how some points are addressed in this primary objective of reorganization of the State«. This was announced by the presidential spokesperson, Manuel Adorni, at the Government House.

Earlier, in his first press conference, Adorni announced that Milei will organize the country’s accounts and combat the “sinister” tax scheme at the same time that he confirmed that the Minister of Economy, Luis Caputo, “will give the economic announcements tomorrow.”

The brand new President of the Nation, Javier Milei, He began his first week at the head of the public administration with a Cabinet meeting at Casa Rosada. The vice president Victoria Villarruel He was also part of the meeting.

The meeting took place at Eva Perón Hall of the Government Palace, began at 8:50 and lasted for almost two hours. All the members of his cabinet made up of the head were present. Nicolas Posse and the ministers: Guillermo Francos (Interior); Diana Mondino (External relationships); Luis Petri (Defending); Luis Caputo (Economy); Guillermo Ferraro (Infrastructure); Mariano Cúneo Libarona (Justice); Patricia Bullrich (Security); Mario Russo (Health and Sandra Pettovello (Human capital).

Also present were the Secretary General of the Presidency, Karina Milei; the head of the chamber of deputies Martin Menem (Deputies) (Senators); the director of the Central Bank, Santiago Bausiliand the media secretary, Belén Stettler. Then the presidential spokesperson joined Manuel Adorni and the undersecretary of media Edward Roust.

Strong tax cuts, expansion of social spending and removal of privileges: Javier Milei’s three requests to Caputo


The presidential spokesperson provided a statement to accredited media in which he stated that “‘the economic disaster was the title of the meeting«.

“Emphasis was placed on seeing how some points are addressed with this primary objective of reordering the State,” said Adorni and stated that “there was talk of the need to create a general inventory, not only of goods, but also with the status of all national administration personnel.


“100% presence is going to begin to be required” in the State


Among other measures, he stated that he will review “each of the contracts by virtue of finding irregularities”, which will reach all ministries and also contracts with universities, and that in addition “100% presence will begin to be required” in the national public administration.

Adorni explained that it is a «historic economic crisisone of these recurring in Argentine history, in which, from time to time, it results in an inflationary or hyperinflationary crisis, and if not in a debt crisis.

«When you spend more than what you have, it leads to inflation, which is what we are experiencing and, if not, it leads to financing. We must understand that governments do not go into debt because they woke up funny and want to hurt us, but rather They put us all in debt for having spent more than what was appropriate«, he pointed out.

In that sense, the spokesperson announced that tomorrow the Minister of Economy, Luis Caputo, will report on “measures in line with a strong tax cut, with some expansion in social items and will be accompanied with remove privileges which the President asked to do urgently.

With information from Noticias Argentinas and Agencia Télam


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