???? Javier Milei president, day 3: first economic measures, cabinet meeting and agenda for December 13

by time news

2023-12-13 12:39:44

The president, Javier Milei, is carrying out his third day in charge of the Presidency of the Nation. Below, we tell you everything minute by minute.

Follow LIVE the latest news from Javier Milei president

The Central Bank asks the IMF for an extension for failing to meet the goals and maintains the interest rates of the Leliq

December 13, 2023, 07:42 a.m.

The Central Bank asks the IMF for an extension for failing to meet the goals and maintains the Leliq interest rates (Photo: NA – Damián Dopacio).

The Central Bank of the Argentine Republic (BCRA) announced the main policies which will be adopted starting this Wednesday, after the announcements made by the Minister of Economy, Luis “Toto” Caputo, during Tuesday afternoon.

The organism that leads Santiago Bausili He detailed that the Leliq interest rate will be maintained and the passive repo rate will decrease, that the exchange rate will increase by 2% on a monthly basis and explained what will happen to the debt of importers.

Audits begin in the State and detect irregular income of up to 3,000 people per ministry

December 13, 2023, 07:27 a.m.

Cuts in the State: they will not renew contracts that expire in December and they are targeting 30,000 employees (Photo: AP – Matilde Campodónico).

In the Government of Javier Miley they believe that the audits on the staff of employees of each of the ministries, secretaries and agencies of the National Public Administration could be ready for the last week of December. The plan of reduction of state personnel that they propose in La Libertad Avanza has different stages and a clear objective: eliminate any employee who is not essential or performs an activity relevant to the function of the National State.

In this way, and while waiting for the result of the x-ray of the state structure, the Government anticipates that all permanent plant contracts that expire on December 31 will not be renewed (the vast majority) and that with the mandatory nature of presence in jobs will be reduced, between now and March, 10% the state plant. “Many who receive a salary have other jobs and do not come, with this we are going to get an initial reduction,” they indicate.

Eliminate intermediaries and bank: Milei’s measures to make the financing of the plans transparent

December 13, 2023, 07:09 a.m.

What will happen with the social plans and the Universal Child Allowance after the announcement by the Minister of Economy, Luis Caputo (Photo: NA / Damián Dopacio).

President, Javier Milei, will increase the financing of social plans, will eliminate the middlemen of the programs and will make the process bankable. As far as he could know TN, It is the only wallet that has the green light to spend and ask for more funds under the order to “leave no one behind.”

In that sense, the increase that the Government plans in the social items of the Secretariat of Children and Family, which is within the Ministry of Human Capital, It will be based on the extended 2023 budget. For this year, the portfolio had been awarded $1.169.156.152.175.

With the PRO divided against the new government, Macri called a summit to define the future of the party

December 13, 2023, 06:44 a.m.

Patricia Bullrich, Mauricio Macri and Horacio Rodríguez Larreta, in a PRO meeting (Photo: NA).

Behind the fracture which first led to the PASO, then the electoral defeat of October 22 and later the triumph of Javier Miley in the runoff, with an election date already set to elect a new president of the party, Mauricio Macri He called the rest of the PRO heads to a summit for this Wednesday morning.

It is to begin to discuss, among other things, the course of the space he founded, the position towards the new government – which will be decisive in Congress and the reforms that the libertarian sends – and to analyze the first measures announced this Tuesday by the brand new Minister of Economy, Luis Caputo.

This Tuesday, after a Zoom in which the members of the board of directors participated, the PRO defined its electoral calendar. The election of the new president – the place he currently occupies Patricia Bullrich but announced, after joining the libertarian Executive, that will not continue- It will be March 17.

Javier Milei ordered changes to confirm Rodolfo Barra as Treasury Attorney

December 13, 2023, 06:19 a.m.

The Treasury Attorney, Rodolfo Barra, in one of his visits to Casa Rosada to participate in a cabinet meeting (Photo: NA – Juan Vargas).

President, Javier Milei, arranged changes in law 18,777 to confirm Rodolfo Barra as Attorney General of the Nation’s Treasury, because the legislation prevented his appointment for being over 70 years old, because the former member of the Supreme Court is 75.

Decree 21/2023 published in the Official Gazette determined changes in article 2 of the standard and removed the age limit for the position: “The Attorney of the Treasury of the Nation must be an Argentine citizen, a lawyer with a qualifying title issued or revalidated by the Argentine University and have at least EIGHT (8) years of seniority in the profession.”

Expectation for the market reaction to Caputo’s plan: what can happen to the financial dollar and the gap

December 13, 2023, 06:08 a.m.

Expectation for the market’s reaction to Luis Caputo’s plan: what can happen with the financial dollar and the gap (Photo: (AP – Gustavo Garello).

After the announcement of the package of economic measures, the economic team continued with an intense agenda between Tuesday night and Wednesday morning. In addition, it will closely follow the market’s reaction to the measures announced by Luis Caputo, among which stand out the increase in the official exchange rate to $800.

In general terms, analysts welcomed the measures of fiscal adjustment and they believe it will be a good sign for the market and agreed that the cut is more drastic than expected. However, they pointed out that some additional definitions about implementation remain to be known.

Jorge Macri thanked Raúl Castells for marching on the sidewalk

December 13, 2023, 05:50 a.m.

Jorge Macri thanked Raúl Castells for marching on the sidewalk and said: “I am going to fight for public order” (Photo: capture Somos Buenos – TN).

The head of the Buenos Aires government, Jorge Macri, thanked him in statements to We are good, by TN, to the leader of the Independent Movement of Retirees and Unemployed (MIJD), Raúl Castells, and highlighted the attitude of the picketers who protested on Tuesday on the sidewalk in front of the Ministry of Labor.

Although Macri acknowledged that no “two marches are the same,” he said: “I want to thank those who marched and the picketers abided by the rules,” and stressed: “I am going to fight to maintain public order.”

The head of the Buenos Aires government explained that the police fulfill their duty to tell the protesters that they can’t cut the street according to the law, but he clarified that protests on the sidewalk are allowed, which happened on Tuesday: “It is their will and I rescue because this reconstruction has to belong to those who march and to the Government, which has to order the marches.”

Luis Caputo thanked Kristalina Georgieva for her support of Javier Milei’s government

December 13, 2023, 05:36 a.m.

Luis Caputo thanked Kristalina Georgieva for her support of Javier Milei’s government (Photo: capture X: @totocaputo6hb).

The Minister of Economy, Luis Caputo, thanked the head of the International Monetary Fund (IMF), Kristalina Georgieva, for the support he gave to the president’s government, Javier Milei, and to the measures he announced.

Georgieva wrote on her account X: “I welcome approval the decisive measures announced today by the president, Javier Milei, and his economic team to address Argentina’s important economic challenges: an important step towards restoring the stability and the reconstruction of the country’s economic potential.” Caputo responded: “Thank you Kristalina and team for your support.”

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