He Government has identified 129 companies in which the State has a stake and that could be transferred to the private sector. This initiative is part of a broader plan that seeks to exchange assets for debts with the provinces and organize accounts at both the national and provincial levels.
The Agency for the Transformation of Public Companies, under the direction of Diego Chaher, who was elected by the Governmentis in charge of analyzing the fate of these companies. Of the 129 companies, 62 have majority participation from the State, 59 have a minority presence, and 8 are in the process of liquidation.
Among the most relevant companies are Aerolíneas Argentinas, ARSAT, ENARSA, IMPSA, Casa de Moneda, the Nación, Hipotecario and BICE banks, among others.
The main objective of this strategy is to net debts between the Nation and the provinces, using state assets as a negotiation tool. The Deputy Chief of Staff of the Interior, Lisandro Catalán, explained that the intention is to organize the accounts of the Nation and the provinces, although without using direct funds.
He government de Milei aspires for the majority of state companies to pass into private hands, even using these companies as payment of the Nation’s debts with the provinces. The Agency for the Transformation of Public Companies is in charge of analyzing the fate of these companies and various mechanisms are being considered to carry out privatizations..
Various mechanisms are being considered to carry out these privatizations, such as initial public offering, concessions, transformations, transfer to the provinces, operational closure, and the creation of strategic partners.
Opinions
This initiative has generated various opinions and debates in the political and economic sphere. Some advocates argue that privatizing these companies can improve their efficiency and competitiveness, while critics fear it could harm workers and public services.
he Government Argentina is moving forward with a privatization plan that includes 129 state companies. The strategy seeks to exchange assets for debts and organize accounts at both the national and provincial levels.
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