Reform of the Central Bank: the Five Changes Promoted by Javier Milei
15 Articles
15 Articles
The risk of reversibility of laws exists, but that cannot inhibit us from designing the right rules.
The President presented to legislators of La Libertad the guidelines of the project to modify the Organic Charter of the Central Bank. The initiative seeks to strengthen the independence of the agency, prohibit the financing of the Treasury through monetary issuance and redefine its role.
The Political Table headed by the Secretary General of the Presidency, Karina Milei, held a new working meeting on Tuesday from 13 to define the legislative and management agenda of the coming weeks. The meeting left as its main definition the progress of the reform of the Organic Charter of the Central Bank (BCRA), a topic that is positioned as the top priority of the government.The Minister of Economy, Luis Caputo, was in charge of explaining …
The President outlined his plan to reform the Organic Charter of the Central Bank with a single mandate and an end to financing the Treasury. But the note puts the focus on what was not said: who will sustain productive credit, what happens to industry and why a stable currency is not enough to grow.
The Executive will send Congress an initiative to modify the functioning of the BCRA. The objective is to strengthen its independence, prevent the monetary financing of the Treasury and replicate aspects of the Peruvian model, considered a successful case of monetary stability in the region.
BUENOS AIRES.- The Government of Javier Milei will send to Congress a project to reform the Organic Charter of the Central Bank (BCRA) in order to strengthen its autonomy, prohibit by law the monetary financing of the Treasury and strengthen the responsibilities of the future authorities of the entity. On Monday the President presented the main guidelines of the initiative during a meeting with deputies and senators of La Libertad Avanza in the …
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