Milei Vows Ban on Funding Public Spending with Monetary Issuance
22 Articles
22 Articles
Milei to Push Fiscal Policies Against Approval of Several Social Benefit Budgets - teleSUR English
Argentinian President Javier Milei criticized Congress on Friday in a nationwide broadcast for approving various laws that altered the budget distribution planned by his far right government. RELATED: Retirees in Argentina Protest Presidential Veto Blocking Pension Increase In the speech, Milei announced two measures: first, he will sign a regulation to “prohibit the Treasury from financing primary spending through monetary issuance,” and second…
The economist Martín Redrado analyzed the speech made by Javier Milei in a national chain and explained that it consists of the announcements he made. Meanwhile, he confirmed the statements of the President in which he said that the Central Bank (BCRA) should not finance public spending and asserted that, in the middle of the electoral campaign, the President’s words have a political tint. “In chronological terms, the President speaks of the fac…
In the national chain, the president said he will order the Ministry of Economy to ban the National Treasury from using funds from the Central Bank to cover the primary spending of the state.
The President emphasized the decision not to cover broadcast expenses, already in force in the events, and to present a bill with punishments for officials who support the deficit. President Javier Milei’s speech on the national chain addressed the central axis of his economic program and, in view of the elections, political: to prioritize the fiscal balance to reduce inflation. No other objective is above and this is demonstrated by the two ann…
The national deputy for Mendoza, Julio Cobos, went to the intersection of the recent declarations and proposals of the president Javier Milei in national chain this Friday night around the “zero deficit”, and warned that the balance of the public accounts “must be accompanied by institutional, federal and social balance” so that the measures have a real positive impact on the life of the Argentines.
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