Milei Explained the Four Pillars of the Reform to the Organic Charter of the Central Bank
17 Articles
17 Articles
The modification envisaged by the Government includes mechanisms to enable the entity to be independent of the Government and to focus on defending the value of the weight; what is sought to establish on the authorities and on the gains obtained
Javier Milei marked as an exclusive priority the project that proposes to reform the Organic Charter of the Central Bank. The president communicated directly to his ministers Luis Caputo, Federico Sturzenegger and Santiago Bausili the importance of moving forward with the initiative. Reform of the Central Bank, the priority of Javier Milei According to the government, the measure was designed by...
The government finalises a reform of the Central Bank that goes beyond what the IMF asks: it seeks the definitive independence of the entity and penalties for those who finance the deficit with monetary issuance. The inspiration is the book by Ricardo Manuel Rojas, “Inflation as a Crime”, which proposes to treat excessive issuance as a crime and enable free competition of coins, so that pesos and dollars coexist on equal terms. Kristalina Georgi…
The national government is moving forward with a comprehensive reform of the Organic Charter of the Central Bank of the Argentine Republic (BCRA), an initiative that President Javier Milei anticipated will be sent to Congress in the coming weeks. The project seeks to redefine the functioning of the monetary authority, strengthen its independence and establish new restrictions on the financing of public spending through monetary issuance. During …
Organizational Charter of the Central Bank: the Main Thrust of the Reform Promoted by the Government
Milei anticipated that the text will be sent to Congress in the coming weeks.
President Javier Milei defended the reform of the Organic Charter of the Central Bank and said that the project constitutes one of the pillars of the economic program of the government. During a radio interview, he explained that the initiative seeks to strengthen the independence of the monetary authority, guarantee monetary stability and put an end to the financing of [...]
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