Argentinian President Javier Milei is continuing his effort to shrink the size of the country’s government. Under his leadership, the government recently cut yet another pound of regulatory flesh from Argentina’s economy.
On Monday, it was reported that the state pushed forth another deregulation package in an effort to free up more of the nation’s market by getting rid of “Soviet resolutions.”
While renegotiating the omnibus law to get votes, the Government moved forward with another deregulatory package and eliminated 69 regulations under the orbit of the decades-old Ministry of Commerce. It was reflected in resolution 51/2024. According to the Government, the measures “hindered commercial relations between citizens and promoted an interventionist role for the State.”
“Today the Secretary of Commerce eliminated 60 Soviet resolutions designed to complicate the private…