this post was submitted on 16 Aug 2023
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Argentine peso plunges after rightist who admires Trump comes first in primary vote (apnews.com)
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[–] Jallrich@lemmy.one 8 points 1 year ago

Milei’s government plan

Translated from here with Chat GPT:

  • Reduction of public spending: Aims for a 15% target after advancing in a "reorganization of the State."
  • Elimination of taxes: The proposal aims to remove "90%" of taxes that have a 2% impact on GDP and "impede" the economy.
  • Labor reform: Proposes implementing the UOCRA model, a scheme of unemployment insurance with "greater financial depth."
  • Unrestricted trade openness: Proposes following the Chilean experience and removing all types of limitations, both for exporting and importing.
  • Elimination of the Central Bank: "There is no other way to end inflation," states the document, which foresees the extinction of the organization as a "monetary issuing agent."
  • Monetary reform: Proposes rescuing the "liabilities" of the Central Bank, developing alternative plans to recover and advance to a scheme where "Argentinians can trade in the currency they want."
  • Energy: Eliminate economic subsidies by recalibrating the economic and financial equation of contracts "to lower the cost" for companies; this way, "realistic tariff schemes" will be implemented that, as stated, "will not directly affect the pockets of Argentinians."
  • A reform of energy regulatory bodies is also proposed.
  • Reform the ministries of Health, Social Development, Labor, and Education into a single ministry called the Ministry of Human Capital.
  • Continue with social assistance until an economic model is adopted that allows for "wealth creation, job generation, and well-being."
  • A private health and education system, after a "reorganization of the State."
  • Combat childhood poverty through nutrition plans, income protection programs, and incentives for students, among other proposals.
  • Security reforms: Changes to the penitentiary system and to the laws on Internal Security, National Defense, and Intelligence are proposed. They also propose stopping land occupations, prioritizing the fight against drug trafficking, and ensuring free movement throughout the territory.
  • Defense policy: Revalue the Armed Forces and reformulate the current National Intelligence system.
  • Foreign relations: Promotion of free trade and alignment with all liberal democracies in the world.
  • Infrastructure: Replace public works with a private initiative scheme similar to Chile, with Peruvian wayouts and Swiss-style incentive schemes.
  • Public spending: Creation of a control area for the spending of each ministry, elimination of drivers and security personnel for officials in general (with exceptions for relevance).
  • Public media: Closure or privatization of Télam, Public TV. It also foresees doing the same with the National Institute of Cinema and Audiovisual Arts (Incaa), and the National Institute Against Discrimination (Inadi).
  • Elimination of exchange restrictions, all withholdings, and export rights, generation of a "special regime of promotion for long-term investments."
  • Negotiate the elimination of the gross income tax. This is a tax charged by the provinces.

Find the whole proposal here (in Spanish).