The Milei Administration: Chainsaw Strategy, Familial Appointments, and Crackdown on Street Protests
The first week of Javier Milei’s administration in Argentina has been marked by controversial policies and decisions that have been met with both praise and criticism. As the newly elected president, Milei promised to bring about radical changes and tackle the issues that have plagued the country for years.
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One of the first actions taken by Milei was to reverse a 2018 rule that had barred relatives of elected members from holding positions in public administration. This decision caused an immediate backlash, as critics argued that it was a clear example of nepotism and favoritism. Milei’s sister, Karina Milei, was appointed as the general secretary of the administration, which further fueled the controversy.
The controversy continued when Patricia Bullrich, Argentina’s Minister of National Security and the third-place finisher in the presidential elections, announced a new regulation that would threaten to arrest protesters who block streets during demonstrations. Bullrich argued that these protests disrupt the normal lives of people and do not uphold the law. However, critics believe that this regulation infringes upon the constitutional right to peaceful assembly and have called for Bullrich to seek congressional approval for such measures.
Milei’s economic plan for Argentina has also been a major point of contention. Known as the “Chainsaw Plan,” Milei aims to cut public expenditure, reduce subsidies, cancel tenders, and devalue the peso. The plan has been met with mixed reactions, with some praising Milei for taking bold steps to address the country’s budget imbalance and prevent hyperinflation, while others criticize the plan for potentially exacerbating economic inequalities and causing hardship for the most vulnerable.
One of the most significant changes brought about by the economic plan is the devaluation of the peso. Currently, one US dollar is worth 365 pesos, but under Milei’s plan, it will be equivalent to 800 pesos. This has caused a surge in gasoline prices, leading to long queues at gas stations as people rush to stock up before the increase takes effect. Other measures include higher import duties, lower subsidies for energy and transportation, and government budget cuts.
Despite the controversies surrounding Milei’s administration, the International Monetary Fund (IMF) has applauded the bold actions taken by the government. In a statement, the IMF stated that these initial actions aim to improve public finances and protect the most vulnerable in society.
As Milei’s presidency enters its second week, it remains to be seen how these policies and decisions will shape the future of Argentina. While some believe that Milei is taking the necessary steps to address the country’s issues, others worry about the potential consequences of these bold actions. Only time will tell if Milei’s administration will bring about the change that Argentina desperately needs.
