In a recent announcement on its social networks, the Government of Javier Milei highlighted a significant increase in the real private salaries of Argentines, the most notable since 2009. This increase occurs in the context of a slowdown in inflation and economic stabilization , generating a recovery of the purchasing power of workers.
According to official data for April, real private salaries experienced an increase of 16.1%, while inflation stood at 8.8%.
“The Office of the President communicates that the official data for April reveal the most significant recovery of the real private salaries of Argentines since 2009,” was expressed on the Twitter account of the Office of the President of the Nation.
The Government’s announcement about the recovery in real wages
According to the Government, this growth means that salaries are increasing at approximately double inflation, which marks a recovery in the purchasing power of Argentines’ income. This achievement is attributed to several key economic factors such as slowing monthly inflation, price stability and elimination of fiscal deficit.
“Argentines are beginning to experience a recovery in the purchasing power of their income, thanks to the slowdown in monthly inflation inherited from the previous government, price stability and the elimination of the fiscal deficit, which generated uncertainty about the solvency of the State,” he highlighted. government.
The Government highlighted its economic plan and asked for the Bases Law
In its statement, the Office of the President of the Nation stressed that these results demonstrate the effectiveness of a serious economic plan and a less interventionist State. “With a serious economic plan and a State that stops being an obstacle to production and employment, it is possible to reverse years of decline,” the announcement stated.
“To accelerate this process of economic recovery, it is essential that Congress approve the Base Law, in order to free the productive force of the inhabitants of the Argentine Nation,” urged the Government.
