President Javier Milei is set to sign a decree implementing a salary adjustment for the top tier of the executive branch. This decision comes after two years of freezing salaries in the executive power. The raise will affect the President, Vice President, ministers, secretaries, and under-secretaries. The government justifies this by the significant loss of purchasing power, estimated at 60% since the beginning of the libertarian administration, and the need to retain technical experts due to the growing gap with private sector salaries. It is expected that the increase will not exceed the one received by public employees under the national par agreement (SINEP).
Argentina's President to Sign Decree for Official Salary Increase
After a two-year salary freeze, Argentina's President Javier Milei is set to sign a decree raising pay for top officials, citing a 60% loss in purchasing power and the need to retain skilled professionals.