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Business leaders on alert over Milei’s deregulation and state reform agenda

11 0
04.12.2023

It’s a frantic time in the business world. Leaders and representatives from various sectors are trying to develop contacts with officials from President-elect Javier Milei’s La Libertad Avanza coalition to learn the details of their plan of “deregulation and state reform.”

Milei’s big legislative bet — known as the “omnibus” bill because it consists of a group of measures in one legal package — challenges special regimes that apply to particular sectors, such as Tierra del Fuego manufacturing, the auto industry, and the knowledge economy.

There is also uncertainty in the industry about incentive programs and interest rate subsidies. Sources close to the president-elect acknowledge that the development of his legal project is “dynamic” and conversations are ongoing.

The document, which Federico Sturzenegger and his team have written over the past few months and delivered to the president-elect, currently runs to 1,500-plus pages. One economist with access to the document described it as “a big normative digest.” The plan designed by the former head of........

© Buenos Aires Herald


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