Surprise Move by Javier Milei: Government ScrScratches Plans for "Mattress Dollars" Unveiling
Fresh Take:
Hey there! Welcome to the lowdown on what's happening in Argentina, particularly with the government led by President Javier Milei.
Economic Announcements Delayed to Avoid Election Accusations
Presidential Spokesperson, Manuel Adorni, revealed today that the economic announcement from the government has been postponed. This move is to prevent the opposition, Kirchnerism, from accusing Milei's government of making electoral moves with its "package of transformational measures" for Argentine savers just three days before Buenos Aires elections.
Scioli Highlights UN Official's Remark: "Argentina Transformed for Investments"
Secretary of Tourism, Environment, and Sports, Daniel Scioli, shared the words of Zurab Pololikashvili, the UN’s Secretary General of Tourism, who remarked that tomorrow, the government will unveil an investment guide. Scioli believes that after the market reforms initiated by President Milei, Argentina has opened up to investments.
Milei Welcomes New Governor Zdero at Casa Rosada
President Javier Milei welcomed the newly elected Governor of Chaco, Leandro Zdero, at Casa Rosada. This meeting took place shortly following Zdero’s election victory for the provincial legislature with the Support Chaco + La Libertad Avanza alliance.
Investigating Hacking of Army: Data for Sale and Usage
The Argentine Army is examining a cybercriminal's post on a well-known data trading forum claiming to have data on 50,000 military personnel. The government, including the Ministry of Defense and the Federal Agency for Cybersecurity, is investigating the extent and impact of the alleged hacking.
Milei Skips Pope Leo XIV Inauguration
Contrary to his initial plans, President Javier Milei decided not to attend the Pope Leo XIV inauguration this week. Foreign Minister Gerardo Werthein and Human Capital Minister Sandra Pettovello will lead the government delegation to the ceremony.
Francos Praises Youth Role in National Government Project
Chief of the Cabinet, Guillermo Francos, praised the talent and energy of the youth, highlighting their importance to the national government's project led by President Milei. He participated in the opening of the International Youth Leaders Summit held this week.
Journalist Targeted by Milei's Insults at Adorni's Campaign
In a similar pattern, President Javier Milei criticized a journalist during his fiery speech at the closing of Manuel Adorni's campaign for the Buenos Aires elections. Meanwhile, his followers hurled generalized insults at the media.
Government to Dismiss Public Employees who Failed the Suitability Exam
The government announced that public employees who failed the suitability exam implemented last year will be dismissed beginning July 1, 2025. This action is part of the public employment reform plan of the Milei administration.
Dollars under the Mattress: Simplifying Income Tax?
There are ongoing discussions within the government about allowing Argentines to withdraw dollars from their savings, with details being finalized. While it won't be an amnesty, this measure is expected to be announced this week.
Total Strike in Tierra del Fuego Amid Protests Against Reduction of Tariffs
The United Workers' Movement (UOM) initiated a total strike in Tierra del Fuego to oppose measures that threaten the province's differential tariff regime. Aware of the possible repercussions, the union warned of potential industrial actions like tire burning at factory gates.
Adorni Defends Elimination of Tariffs on Electronic Products: "Subsidizing Every Unprofitable Sector is Unreasonable"
Presidential spokesperson, Manuel Adorni, defended the government's move to eliminate tariffs on electronic product imports. He argued that it's unreasonable to burden every individual taxpayer to sustain unprofitable industries.
Milei's Cabinet Mobilized for Adorni's Campaign Closing Act
For the closing act of Manuel Adorni's campaign in the City, President Javier Milei mobilized his entire cabinet to show their support. The officials believe a landslide victory in the Capital would help displace Peronists and reduce Macri's PRO to its minimum.
Key Economic Measure Expected to be Announced Soon
Following the immigration reform announcement, the government is set to disclose another critical economic measure in the coming days. While specifics are still unclear, candid discussions hint at regulations for the so-called "cushion dollars." Keep posted for more updates!
That's all for now, folks! Stay tuned for more updates on Argentina's political and economic landscape with Javier Milei's government at the helm.
- The government of President Javier Milei, currently under focus, is planning to announce a package of transformational measures for personal-finance, which has been postponed to avoid election accusations.
- Secretary of Tourism, Environment, and Sports, Daniel Scioli, shared that a UN’s Secretary General of Tourism's remark indicated an upcoming investment guide for Argentina, believing that the market reforms initiated by President Milei have opened up the country to investments.
- In a troubling turn of events, the Argentine military is investigating a cybercriminal's claim of having data on 50,000 military personnel for sale and potential usage, reflecting ongoing concerns aboutFinance, policy-and-legislation, and politics in the country.
