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Currency Reform

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politicseconomics1 year ago

Argentina's President Milei Stands Firm on Economic Reforms

Argentina's new conservative president, Javier Milei, is taking a hard line on returning the country to capitalism, vowing to sell off state companies, change the currency to the U.S. dollar, and close the Central Bank. He emphasized the need for investments to accompany fiscal adjustments and expressed a commitment to privatization as quickly as possible. Milei stated that there is no plan B and that Argentina must do things right without compromise.