Argentina votes this week on the reform barring the central bank from funding the Treasury

🌐 MercoPress (AR) —
Argentina votes this week on the reform barring the central bank from funding the Treasury

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Argentina's Chamber of Deputies will debate a reform to the central bank's charter to prevent it from funding the Treasury through money creation, aiming to preserve the currency's value. The reform is promoted by Javier Milei's government in an effort to curb fiscal deficit financing.

Argentina's Chamber of Deputies will on Wednesday debate the reform of the central bank's charter promoted by Javier Milei's government, which bars the monetary authority from financing the fiscal deficit through money creation and restores preservation of the value of the currency as its sole objective.

World Politics Markets Argentina central bank currency value fiscal deficit Javier Milei money creation government reform

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