Javier Milei’s Bases Law is approved in Argentina, what does it consist of and what changes will it bring?

Javier Milei’s Bases Law is approved in Argentina, what does it consist of and what changes will it bring?
Javier Milei’s Bases Law is approved in Argentina, what does it consist of and what changes will it bring?

Marcos Novaro, Argentine political analyst, went through the microphones of La W to talk about the approval of the Base Lawstar project of the Government of Javier Milei.

According to the sociologist, “it was to be expected that it would have a impact positive, it seems to me that “There was a lot of skepticism that this result could be achieved.”

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Likewise, he highlighted that all these mechanisms of delegation and the use of emergency power has its good side and its bad side, “you have to see how they are used and how it is controlled. He Congress will have powers to control the decisions that Milei makes in the use of these powers. “What is being delivered to Milei remains more limited.”

“The main concern is not that this government is too powerful, but that it will not be effective enough to overcome the crisis. The main danger is danger of ungovernability”, he added.

On the other hand, he explained that in Congress there has been a lot of manipulation, “now in some way, Argentina It has to be very generous with investors to be able to attract capital (…) Congress moderated the excessive generosities, what came out is quite reasonable.”

Regarding Argentina’s economy, the analyst commented that “if this law was not approved, the specter of ungovernability, of a political crisis, of a premature weakening of the government was going to be much more serious, it was going to have effects on the economy and in the spirit of society. “Social tolerance in adjustment is the main resource that Milei has because they have taken very harsh measures and popularity has not fallen.”

Listen to the full interview below:

Javier Milei’s Bases Law is approved in Argentina, what does it consist of and what changes will it bring?

 
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