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02:23
Expansion of social spending, removal of privileges and review of appointments: the first measures of the new Argentine government
This footage was filmed and produced 12 December 2023.
The presidential spokesman, Manuel Adorni, advanced today the first measures that were discussed during the cabinet meeting headed by Javier Milei at Casa Rosada. Among them, he listed a strong "fiscal cut" that will be detailed tomorrow by the Minister of Economy, Luis "Toto" Caputo, the expansion of social spending, the removal of privileges and the review of appointments in the public administration.
SHOTLIST:
1. various from the press conference;
2. [SOUNDBITE: MANUEL ADORNI, Presidential Spokesman]
"The first meeting of the national cabinet was held, chaired of course by the President of the Nation Javier Milei. Emphasis was placed on what I had told you a little earlier this morning, to see how to address some points in this main objective that President Milei has in the reorganization of the State. The economic crisis was practically the title of the cabinet meeting, tomorrow Minister Luis Caputo is going to speak, he is going to contain the economic measures, which will be in line with a strong fiscal cut, with some expansion in the social items and will be accompanied by this package of measures with the removal of privileges which President Milei ordered to be carried out urgently (...) we are immersed in a deep crisis of the State, and we are in the midst of a deep crisis of the economy, which is not only a crisis of the State, but also a crisis of the State, which is a crisis of the State) we are immersed in a deep economic crisis, in a historical economic crisis, one of these recurrent economic crises in the Argentine Republic, where from time to time we derive in an inflationary or hyperinflationary crisis and if not in a debt crisis. It is a question of not spending more than one has, when one spends more than one has, this leads to emission, which in turn leads to inflation, a little bit the current moment we are living, and when one spends more than one has, this leads to inflation, and when one spends more than one has, this leads to inflation, which in turn leads to inflation, a little bit the current moment we are living, and when one spends more than one has, this leads to inflation."
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