The President provided details of the draft bill in preparation and anticipated that it will be sent to Congress in the coming weeks
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After participating in the Tedeum for Independence Day at the Metropolitan Cathedral of Buenos Aires, President Javier Milei led a Cabinet meeting at the Casa Rosada, where he advanced the Government's economic agenda and presented details about one of the key initiatives in preparation.
During the meeting, the head of state outlined to his ministers the guidelines of the reform project for the Organic Charter of the Central Bank of the Argentine Republic (BCRA), which is currently being drafted within the Executive Branch.
The initiative is part of the measures that the Government plans to promote in economic and institutional matters, and aims to ensure that the Central Bank is responsible for defending the value of the national currency and prohibiting monetary issuance to finance the deficit, which ultimately leads to inflation.
President Javier Milei
In this context, Milei informed that the technical team is working on the final stage of the draft text, whose official announcement is expected in the coming weeks. Once completed, the document will be sent to the National Congress for legislative consideration.
As indicated during the meeting, the President will make an in-depth presentation of the scope and objectives of the reform when its submission to Parliament is formalized, with the aim of detailing the proposed changes in the functioning of the monetary authority.
The meeting took place at the Casa Rosada and included the participation of the main officials of the national Cabinet and legislators from the ruling party in Congress.
President Javier Milei
Among those present were the Chief of Cabinet, Diego Santilli; the Foreign Minister, Pablo Quirno; the Minister of Defense, TG Carlos Presti; the Legal and Technical Secretary, María Ibarzabal; the Minister of Security, Alejandra Monteoliva; and the Minister of Deregulation, Federico Sturzenegger.
Also part of the meeting were the head of the ruling party bloc in the Senate, Patricia Bullrich; the President of the Central Bank, Santiago Bausili; the presidential advisor, Santiago Caputo; the Minister of Justice, Juan Bautista Mahiques; the presidential spokesperson, Adrián Ravier; and the Minister of Health, Mario Lugones.
The list of attendees was completed with the President of the Chamber of Deputies, Martín Menem; the Secretary of Communication and Press, Fabián Fernández; the General Secretary of the Presidency, Karina Milei; and the provisional President of the Senate, Bartolomé Abdala.
