The DNU aims to promote an economic system based on free decisions, with deregulation in trade, services, and industry. Furthermore, it promises greater integration into the global market, adopting international standards.
The official exchange rate is set at $800 with an estimated monthly adjustment of 2%. At the same time, the PAIS tax increases to 17.5%, bringing the importer's dollar to $940 (official exchange rate plus 17.5% PAIS tax). Meanwhile, dollars for export will have a 15% retention (80% MULC and 20% CCL), resulting in a value of $860, and the card dollar will be $1320 (30% PAIS tax, 35% income tax, and elimination of Personal Assets tax).
Ukrainian President Volodymyr Zelenskyy witnessed the swearing-in on Sunday of Argentina’s new president, Javier Milei.
He stated that difficult times are ahead and that 'there is no alternative to the adjustment,' although he emphasized that it is 'the last bitter pill to start the reconstruction of Argentina.'
Former President Donald Trump has told Argentina’s President-elect Javier Milei that he plans to travel to the South American country so the two can meet, Milei’s office said Thursday.
Javier Milei: Argentina's Unconventional President-Elect Shaking Up the Political Landscape
Javier Milei, the president-elect of Argentina, already has more than half of his Cabinet, but the most important positions are still pending. He would leave only 8 ministries, but has not yet announced the appointments for Economy and Security. Nicolás Posse is set to become the Chief of Staff, Diana Mondino for Foreign Affairs, and Guillermo Francos is a potential candidate for the Interior
Sergio Massa acknowledged defeat and congratulated Javier Milei. The Minister of Economy and presidential candidate for Union for the Homeland revealed that he communicated with the libertarian over the phone and congratulated him. Furthermore, he called for dialogue and respect.o.