Despite the recent departure of key advisors, Argentina’s President-elect Javier Milei remains firmly committed to his radical plan to dismantle the country’s Central Bank. This move is part of a broader strategy to shift Argentina’s economy away from state control.
Milei’s administration is undergoing a reshuffle after significant departures within his transition team. However, these internal changes have not deterred him from his plans to reorganize the Argentine economy. The only confirmed appointments thus far are for the heads of the social security agency and the YPF state oil company, which Milei intends to privatize.
In response to widespread rumors, Milei’s office released an official statement reaffirming his commitment to closing the Central Bank of the Argentine Republic (BCRA). The statement, translated from Spanish, emphasizes that this decision is non-negotiable. Additionally, Milei’s office reiterated his plan to privatize other key state entities.
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