Analysis. The passage of the bill in the chamber is the result of the support that the government has secured from a not-insignificant part of the Argentine trade union world.
written by Federico Larsen
Topic Latin America
BUENOS AIRES
May 7, 2024
Last week, after weeks of negotiations with its center-right allies, Javier Milei’s government managed to secure its first victory in Parliament, with the approval in the Chamber of Deputies of the new state reform law. The law will allow the president to restructure a great part of the public institutions and privatize as many as 11 state-owned companies, including the national airline, Aerolíneas Argentinas, as well as the state TV and radio stations. In addition, the law offers extensive tax benefits to foreign investors and changes labor rules.
It’s true that this is a “light” version of the initial draft that was rejected in February by the same Chamber, but it is no less aggressive for it. The chapter devoted to labor reform is perhaps the most striking example: it eliminates fines for companies that hire undeclared workers; it abolishes the rights of workers in companies with five employees or less, deemed to be subcontractors and not employees going forward; it........