The government begins a key week to advance the labor reform and the legislative agenda, which officially started this Monday. According to Noticias Argentinas, the political committee will meet on Wednesday to kick off a strategy aimed at securing votes to achieve new legislative victories. In the libertarian administration, they are optimistic about the 'Labor Modernization' project designed by Economy Minister Luis Caputo and Deregulation and State Transformation Minister Federico Sturzenegger, though they admit the planned reduction in the Corporate Profits Tax complicates its processing. Thus, Interior Minister Diego Santilli faces the difficult task of addressing the demands of provincial governors and implementing solutions under the monetary constraints imposed by the Economy Ministry. The issue is that Caputo is one of the most reluctant to yield to the provincial representatives' demands, but he is not alone. They are against tax reductions. Some anticipate this is the most viable scenario, or to resist it at the risk of jeopardizing the project's approval. Without official confirmation, governors are considering meeting on Wednesday at the Federal Investment Council (CFI) to organize their demands and centralize their request to the Executive. From Santilli's circle, they told this agency that the official will spend the week closely monitoring negotiations in Congress ahead of the project's expected debate in the Senate on Wednesday, February 11th. 'For me, there should be no concessions,' a member of the political committee summarized to this medium. However, this stance complicates the work of the negotiators, namely the head of the La Libertad Avanza bloc in the Senate, Patricia Bullrich, and the head of the Chamber of Deputies, Martín Menem. The small political group selected by President Javier Milei is debating whether to allow modifications to the tax article.
Key Week for the Argentine Government
Argentina's government begins a crucial week to advance labor reform and its legislative agenda. The political committee will meet to devise a strategy for legislative victories, facing resistance from governors and complications with tax proposals.