After Tedeum, Milei Meets Ministers to Outline Central Bank Reform

Argentine President Javier Milei convened his ministers to present the initial framework for a significant reform of the Central Bank, a key priority for his administration. The meeting followed Milei's participation in the Tedeum ceremony marking the 210th anniversary of Independence Day.

This gathering was notably the first with Diego Santilli at the helm of the Chief of Staff's office. Santilli recently assumed the role ten days prior, replacing Manuel Adorni, whose tenure ended amid controversy surrounding his assets and a prolonged period of political weariness.

Sources within the executive branch indicated that the primary agenda item was to review the "first points of the draft law for the reform of the Central Bank, which the Executive is working on." This initiative aims to strip the Central Bank of its authority to issue currency to assist the Treasury, a move Milei has previously discussed.

The meeting also served as an effort to move past the recent Adorni situation, which had caused a four-month stalemate for the government. The appointment of Santilli has been viewed as a positive development, bringing renewed energy to the cabinet.

Attendees included Karina Milei, Secretary General of the Presidency, and ministers such as Luis Caputo (Economy), Patricia Bullrich (Security), and Federico Sturzenegger (Deregulation and State Transformation). Central Bank President Santiago Bausili and the head of the Chamber of Deputies, Martín Menem, were also present.