A smiling man at a press conference with the coat of arms of the Argentine Republic in the background.
ARGENTINA

Córdoba aligns with the Nation and will comply with Milei Government's Reparation Plan

The province will activate a legal framework to apply the national regime without local objections

Javier Milei's government is moving forward in its crusade to formalize Argentinians' savings in dollars, and Córdoba is not lagging behind. This week, the province confirmed that it will align itself with the Historical Savings Reparation Plan for Argentinians, promoted by the national government.

Although the ruling party tried to present it as its own initiative, the measure responds to a directive from the Nation. The aim is to provide institutional support for Milei's economic program, especially regarding tax simplification and capital liberalization.

The truth is that days earlier, Guillermo Francos, Luis Caputo, Lisandro Catalán, and Juan Pazo held a key meeting with provincial governors and ministers. Among them were Manuel Calvo and Guillermo Acosta, Minister of Government and Minister of Economy, respectively. The message was clear: "Guarantee citizens' freedom to dispose of their resources without obstacles or unjustified suspicions."

Four men seated at a conference table participate in a group video call in an official room with an Argentine flag in the background.
"Toto" Caputo, Guillermo Francos, Lisandro Catalán, and Juan Pazo gathered with governors | La Derecha Diario

Milei and Caputo set the course

In line with the Casa Rosada's strategy, the Córdoba executive announced that it would send a bill to the Unicameral Legislature to secure adherence to the regime. As requested by Minister of Economy Luis Caputo, provincial districts are expected to support with their own legislation. Instead of resisting, the provincial government chose to comply.

The announcement coincided with Minister Caputo's visit to the Córdoba Stock Exchange, where business leaders and financial representatives supported measures that promote investment and reduce informality. For many people in Córdoba, this decision represents a concrete opportunity to move their savings without fear, in a context of greater stability.

Gray-haired man in a dark suit speaking into a microphone at an institutional event with letters on the wall in the background.
Luis Caputo at the Córdoba Stock Exchange | La Derecha Diario

Farewell to the criminalization of saving

With this decision, Córdoba is gradually joining a new economic paradigm, where the State stops punishing private saving. The idea of freeing taxpayers from fiscal persecution is beginning to take shape.

Unlike old policies that criminalized the use of the dollar, the national government's plan recognizes its real role as a store of value for millions of Argentinians. Meanwhile, Córdoba, although without explicit enthusiasm, is forced to align itself.

Four men dressed in suits and seated at a conference table pay attention during a meeting.
Luis Caputo, Guillermo Francos, Lisandro Catalán, and Juan Pazo | La Derecha Diario
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