The Government seeks to promote through other means some reforms that were in the Omnibus Law

2024-02-16 08:30:00

The Government is evaluating moving forward decree with some points of omnibus billfollowing the initiative of more than 600 articles fell completely due to observations by opposition deputies that led to the president Javier Milei decided to abort his treatment in Congress.

With the Frustrated Bases law and the labor chapter of the mega DNU stopped by Justicelibertarian management works to promote some planned reforms and deregulations but exploring other avenues, such as decrees or even simple regulations.

Tax or criminal issues will inevitably be left out.which can only be promoted by law.

Javier Milei “celebrated” that people burn their savings to make ends meet

The changes that Milei might make by decree

But the points that might have a channel are the related to trust fundsthat Milei seeks to eliminate them for being “a black box of politics”, and which was one of the biggest reasons why the omnibus law was stuck in Congress.

Progress would also be made with the chapter to promote investments and others deregulations in different economic sectors that would be authorized to be done by decree or simple regulation.

Another issue that the Bases law seeks to promote is related to the culturesuch as the subsidy system of INCAAthrough the regulations of the institute itself.

The give and take between Milei and Macri

An issue that was also left in suspense due to the fall of the law is that of retirements. The frustrated regulations proposed eliminate the current mobility formula and give the Executive Branch all the prerogatives to update assets at its discretion until a new calculation is agreed upon.

Having failed the project, the current formula continues to govern, which has been highly criticized because it harms retirees due to high inflation, which forces the government to give a bonus (it is only for the minimum) to compensate.

The initiatives will be promoted within the framework of a working group that will include the presidential advisor and “father” of the mega DNU and the Bases law, Frederick Struzeneggeras well as the deputy chief of staff, Jose Rolandi; the Secretary of Legal and Technical, Javier Herrera Bravoand the advisor Santiago Caputo.

ED

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