The goal is to defend savings in freedom and prevent future administrations from stealing money from citizens
As the presidential spokesperson explained, Argentina is one of the countries where savings have been most criminalized in the last decade. The currency clamp, controls, and increasing state interventionism created a climate of distrust that drove money and private savings out of the formal circuit. "For every peso that circulates formally, there are five in informality," the spokesperson warned.
"The aberration was such that we had a currency clamp for almost 10 years" and savers were treated "at the same level as a criminal like Al Capone," he compared, adding that "the State, like Big Brother, controlled all the actions of its citizens."
With this initiative, Milei's government seeks not only to encourage the use of dollars "from under the mattress," but also to build a new relationship between the State and the citizenry, based on trust, economic freedom, and respect for private property.
Finally, Adorni emphasized that there will be no setbacks in the fight against organized crime, but there will be a firm decision to free honest citizens from fiscal harassment. The Financial Information Unit (UIF) will adjust its regulations to the new scheme, ensuring that control tools are used exclusively in cases of concrete crimes and not to harass those who simply decide to save in another currency.
With this law, Milei's government not only seeks to correct past mistakes but to lay the foundations of a transparent and free financial system, where the right to save and decide on one's own resources returns to what it always should have been: an inviolable right.
In a new step toward economic deregulation and the rebuilding of citizens' trust, the Government of Javier Milei announced this Thursday the launch of the "Historical Savings Repair Plan for Argentinians", an ambitious package of measures that includes the presentation of a bill aimed at shielding private savings from potential state interventions by other governments.
From Casa Rosada, the presidential spokesperson, Manuel Adorni, detailed that the plan will be implemented in two stages: a first through a presidential decree that will take effect immediately, and a second that involves sending a law to Congress to legally consolidate the defense of the right to save freely.
"The State's objective will no longer be to pursue good Argentinians but to pursue drug traffickers and criminals who see crime as a way of life," stated Adorni, sharply differentiating the new government's approach from past practices.
The bill, he explained, will seek to ensure that citizens do not have to constantly prove where their money came from, reinforcing the constitutional principle of presumption of innocence and respecting private property as the cornerstone of the economic system.
In a deep cultural and political shift, Adorni emphasized: "We need to change our mindset so that the State respects an essential truth: your dollars, your decision. In other words, what's yours is yours and not the State's. What's yours is yours and you can spend and use it as you wish." If approved, the legislation would establish a legal shield against potential controls or confiscations of savings, consolidating a framework of predictability and respect for citizens' rights.
