Rasterman on Nostr: af2 A bit. :pepe_read: 1 - Official ARS exchange rate devalued 50% to match reality. ...
af2 (npub1jec…kxpm) A bit.
1 - Official ARS exchange rate devalued 50% to match reality.
2 - State employees whose contracts are less than a year old won't be renewed (outgoing administrations always fill public posts with family and friends to keep their seats warm until they come back)
3 - The previously mentioned suspension of state subsidies for the media.
4 - The previously mentioned cut of ministries and secretaries.
5 - Cash from the state to the provinces reduced to a minimum. Usually used for political favours, so not a lot is lost.
6 - No new public works and accepted projects that haven't started already are void as of now. Ending public works is set to be one of the biggest budget savers.
7 - Subsidies to energy and transport will be reduced, though not yet eliminated. Mostly affects the pricks in Buenos Aires, though. The provinces were already paying high fees.
8 - Subsidies for the poor will be temporarily increased between 50% and 100% to prevent a further increase in poverty (we're at 40% of it now).
9 - No taxes on exports.
10 - No loicense on imports. A streamlined system will allow imports into the country. This is a huge issue right now, as there is a shortage of medical supplies (amongst other things) because of the current imports system, which is also rather corrupt and invented by the leftist that ran against Milei (and who set the stage for the current inflation crisis).
Overall, I expect things to get more expensive in the short term. These are emergency measures. There will be others. But Milei spent the whole campaign and beyond saying it will be months before things start getting better.
1 - Official ARS exchange rate devalued 50% to match reality.
2 - State employees whose contracts are less than a year old won't be renewed (outgoing administrations always fill public posts with family and friends to keep their seats warm until they come back)
3 - The previously mentioned suspension of state subsidies for the media.
4 - The previously mentioned cut of ministries and secretaries.
5 - Cash from the state to the provinces reduced to a minimum. Usually used for political favours, so not a lot is lost.
6 - No new public works and accepted projects that haven't started already are void as of now. Ending public works is set to be one of the biggest budget savers.
7 - Subsidies to energy and transport will be reduced, though not yet eliminated. Mostly affects the pricks in Buenos Aires, though. The provinces were already paying high fees.
8 - Subsidies for the poor will be temporarily increased between 50% and 100% to prevent a further increase in poverty (we're at 40% of it now).
9 - No taxes on exports.
10 - No loicense on imports. A streamlined system will allow imports into the country. This is a huge issue right now, as there is a shortage of medical supplies (amongst other things) because of the current imports system, which is also rather corrupt and invented by the leftist that ran against Milei (and who set the stage for the current inflation crisis).
Overall, I expect things to get more expensive in the short term. These are emergency measures. There will be others. But Milei spent the whole campaign and beyond saying it will be months before things start getting better.