10.08.2025 09:37

Argentina's newly elected President Javier Milei has pledged to significantly curtail the national treasury's capacity to fund public expenditure through money creation. This bold move, announced recently, aims to safeguard the current budgetary surplus and solidify his commitment to a zero-deficit fiscal policy.

The proposed resolution, should it pass, will represent a dramatic shift in Argentina's fiscal management. By restricting the treasury's ability to print money, Milei intends to combat inflation and foster greater economic stability. This approach directly challenges long-standing practices and represents a fundamental change in the nation's economic strategy.

Milei's plan reflects a determined effort to break the cycle of inflationary pressures often associated with government deficit spending. He argues that this restrictive measure will promote responsible fiscal practices and ultimately benefit the Argentine economy in the long run. The success of this initiative, however, remains to be seen, given the country's complex economic landscape.

Critics have already voiced concerns about the potential negative consequences of such stringent measures. The potential impact on public services and social programs fueled by government spending warrants close scrutiny. The debate surrounding this controversial policy is likely to be intense and far-reaching, shaping the economic trajectory of Argentina for years to come. Information from internet sources suggests a significant level of public and expert discussion regarding the implications of this proposed policy.