The president of Argentina, Javier Milei, has claimed a labor and fiscal reform during his opening speech of the International Tourism Fair of Latin America (FIT) in Buenos Aires, in his first appearance in public after returning from his trip to the United States, in which he met with Donald Trump.
“We have to reform the labor market To hire is more accessible to different ventures. We also need tax reform for Lower taxesmaking more and more ventures are profitable, “said the president against entrepreneurs in the tourism sector.
He also pointed out that taxes and regulations in the South American country must be reduced and the need to conclude with the “trial industry” For work reasons, which assured “it takes business to bankruptcy to benefit a few.”
Without referring to negotiations with the US for a currency exchange program (swap lines) for $ 20 billion to stabilize the country’s economy, Milei reiterated that the fiscal order will not be altered and said that “The solution is not to return to the catastrophic path of recurring devaluations, nor artificially inflate the demand by emitting pesos”.
The president went to the event accompanied by your cabinetamong them were their sister and the general secretary of the Presidency, Karina Milei; the Minister of National Security, Patricia Bullrich, and the chief of Cabinet, Guillermo Francos.
From the beginning of his mandate, in December 2023, Milei seeks to reform labor laws. The Law ‘Bases and starting points for the freedom of Argentines’, which entered into force in July 2024, established some modifications for employment – such as the reduction of workers’ dismissal, the increase in test periods in companies or the modification of maternity licenses – that were judicialized by unions.
In December 2024, when the first anniversary of his government was fulfilled, the president announced that in 2025 would go down 90% Taxes, as part of the progress towards a tax reform.
