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Argentina’s Government to publish decree to deregulate economy

Buenos Aires, Dec 21 (Prensa Latina) The Official Gazette of Argentina will publish the Decree of Necessity and Urgency (DNU), signed by President Javier Milei to deregulate the economy and containing over 300 reforms, including the privatization of public companies.

On Wednesday, the president the dismantling of hundreds of regulations, after which people took to the streets in several neighborhoods in Buenos Aires to express their discontent.

Furthermore, numerous politicians, lawmakers and union members claimed that the DNU is unconstitutional and violates the rights of Argentinians.

“It is a war plan against the working people. A national strike is already active,” former presidential candidate for the Left Front Myriam Bregman wrote on X.

The lawmaker from Unión por la Patria (UP) and former Minister of Justice and Human Rights, Martín Soria, pointed out that the DNU “is a legal aberration that violates the Constitution and breaks the republican order. (…)Milei’s only need and urgency is to condemn all Argentineans to a mega-debt, industrialicide and unemployment,” he added.

The UP former candidate for vice president, Agustín Rossi, stated that it is “a subjugation of the Constitution, a destruction of small and medium-sized businesses, the handover of the national heritage, widespread impoverishment, the loss of jobs and labor rights.”

Milei said that in the coming days he will call extraordinary sessions of Congress and send a package of laws to accompany these reforms and advance the process of change.