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September 22, 2024
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Javier Milei’s idea for the restructuring of public debt

Javier Milei's idea for the restructuring of public debt

Javier Milei has sparked intense debate with its insistence on obtaining a “blank check” for the restructuring of public debt. This proposal, included in the 2025 Budget Bill, seeks to grant broad powers to the Executive Branch to manage the debt without the usual restrictions imposed by Congress.

The measure of Javier Milei has been met with criticism and concern both within and outside the political arena. The 2025 Budget Bill submitted by the Executive Branch provides for a series of powers for the president that override Congress’s control over public management.

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