News of federico sturzenegger

Milei team sends mixed FX policy signals ahead of Trump meeting

Yesterday 15:24 Since April, Argentina has let the peso float within a range as part of its agreement with the International Monetary Fund. However, authorities have intervened multiple times within the range.

LAY-OFFS: WHERE AUSTERITY HITS

Correo Argentino, ARCA, Trenes Argentinos top redundancy rankings

15-07-2025 11:06 President Javier Milei put deregulation tsar Federico Sturzenegger in charge of cuts across state agencies. The official left almost no area untouched – among state-owned companies, Correo Argentino saw the highest number of lay-offs, with 4,945 jobs cut.

PUBLIC SECTOR EMPLOYMENT

Milei has cut 48,000 public-sector jobs since taking office

28-05-2025 10:18 President’s chainsaw slashes public-sector employment; Staff numbers have fallen 9.6% over the last 17 months, says Argentina’s government.

BEYOND THE HEADLINES

Towards a smarter state

29-03-2025 06:11 The libertarian government seems intent on cutting back a bloated state to its right size without having any clear idea what that size might be.

by Michael Soltys

ROYALTIES ROW

Milei government deregulates collection of author’s royalties

05-03-2025 10:46 President Javier Milei government orders deregulation of the collection of authorship royalties in Argentina, whose processing was previously obliged to pass through a society for artists but can now be transmitted without intermediation.

Milei-Musk

The tale behind Milei’s chainsaw gift for Elon Musk

21-02-2025 17:06 President Javier Milei presents billionaire Elon Musk with a replica of the chainsaw he keeps at the Casa Rosada — how a tool manufacturer found a niche in the libertarian marketplace.

Analysis

Midterm elections set limit on Milei’s search for spending cuts

10-01-2025 13:26 Spending cuts in 2024 reached some five percent of Argentina's GDP. Is there room to repeat this feat?

PLAN BACKFIRES?

Initial results from Milei’s ‘exam’ for state workers show 96% pass rate

22-12-2024 00:49 Although only 10% of state workers have taken the Milei administration’s new test to date, the good results have led their ATE union to demand employees’ transfer to permanent employment, while calling for ministers, secretaries and directors to be similarly evaluated.

WAR ON THE STATE

Milei’s ‘chainsaw’ cut nearly 35,000 public-sector jobs in 2024

21-12-2024 05:07 Report by the Deregulation & State Transformation Ministry, headed by Milei ally Federico Sturzenegger, details 34,280 dismissals or contract terminations between December 2023 and October 2024, shrinking the state payroll by seven percent.

Tax policies

Sturzenegger clarification pours cold water on Milei’s 90% tax reduction claim

11-12-2024 15:55 Argentina’s deregulation czar assures that the government’s idea is to simplify the tax structure but not to reduce the percentage of its burden – a notable difference from President Javier Milei’s first anniversary speech vow.

Labour unrest

Labour tensions erupt as Milei faces three strikes in a week

29-10-2024 21:18 Three strikes this week as union leaders ramp up pressure on President Javier Milei's government. First state workers walk off jobs, followed by transport strikes on consecutive days.

STATE SELL OFF

Government to auction off more than 400 state properties

25-10-2024 22:14 Argentina’s government will put 400 properties up for auction in a bid to raise some US$800 million. Properties are either not being used, in bad condition or have large maintenance costs for the state.

POLITICS & CONGRESS

Bill targeting ‘obsolete’ laws, bureaucracy reaches Congress

14-10-2024 12:50 State deregulation czar Federico Sturzenegger confirms President Javier Milei’s government has sent the ‘Ley Hojarasca’ bill to Congress that seeks repeal of around 70 laws considered “obsolete” or that “limit the freedom of citizens.”

POLITICS – ANALYSIS

Milei’s government seizes on Fernández scandal to govern in silence

15-08-2024 17:54 Fabiola Yáñez’s allegations of gender violence against Alberto Fernández continues to have ramifications beyond the media. As Peronism tries to buy some time, President Javier Milei, his economic team and expert “deregulator” Federico Sturzenegger are issuing decrees all round.

by Ramón Indart

POLITICS

Milei again rules out devaluation of peso in Council of Americas speech

14-08-2024 18:20 President Javier Milei defends his government and rules out devaluation of the peso in speech at a Council of the Americas forum.

POLITICS

Sturzenegger's arrival to Cabinet triggers libertarian conflicts

23-07-2024 17:50 President Milei's new deregulation minister Federico Sturzenegger clashes with Cabinet peers.

by Juan Pablo Kavanagh

BEYOND THE HEADLINES

No economising economists

13-07-2024 07:44 The atomisation of economic thinking prevails far beyond the ministerial level in Argentina.

by Michael Soltys

POLITICS

Sturzenegger preparing laws to slash bureaucracy and ‘obsolete’ regulations

08-07-2024 17:19 New Deregulation & State Transformation Minister Federico Sturzenegger outlines his objectives for his new portfolio and says he will send Congress a ‘leaf litter law’ that will slash government regulations.

POLITICS & ECONOMY

Sturzenegger appointed ‘deregulation and state transformation’ minister

05-07-2024 15:51 Months after his appointment was first trailed, Federico Sturzenegger finally joins Milei administration as Deregulation & State Transformation minister; Ex-governor of Central Bank, who was sworn into office on Friday, has had a key role behind the scenes up until now, drafting bills and decrees.

CABINET APPOINTMENT

Milei taps former Central Bank chief to deregulate Argentina

05-07-2024 13:43 Federico Sturzenegger will lead a new Deregulation & State Transformation Ministry in President Javier Milei's government.

POLITICS

Monetary shift, Sturzenegger in – Milei talks up new stage

28-06-2024 16:34 President says PAIS Tax "could be repealed in August" and confirms that ex-Central Bank governor Federico Sturzenegger will be joining his Cabinet.

POLITICS

Milei warns Cabinet’s future hinges on Congress vote

24-05-2024 09:23 Reacting to rumours of Cabinet Chief Nicolás Posse's outsting, President Javier Milei warned Thursday that his entire Cabinet will be under review depending on the result of his pro-business reform bill grinding its way through Congress.

POLITICS – ANALYSIS

The ‘right plan,’ the ‘only plan,’ or ‘no plan’?

06-01-2024 07:33 Either Milei is a daredevil convinced he’ll make it out alive, he has no choice and is winging it, or he’s got a couple of cards up his sleeve that we’re not seeing.

by Agustino Fontevecchia

GUEST VOICE

The revolution of liberty

02-01-2024 18:51 Federico Sturzenegger, former president of the Central Bank and architect of President Javier Milei’s economic reforms, shares his views on the head of state’s sweeping economic deregulation package.

by Federico Sturzenegger

ECONOMY & POLITICS

Architect of Argentina’s reforms says he isn’t even halfway done

29-12-2023 21:20 Federico Sturzenegger says President Javier Milei’s ambitious, pro-business reform blitz is only getting started.

POLITICS

Sturzenegger, Rodríguez Chirillo, Muratorio: the men behind Milei's mega-decree

29-12-2023 14:11 Trio were in charge of drafting President Javier Milei's mega-decree; Over the last few weeks they ramped up contact with lawyers from the most important law firms in Argentina.

by Giselle Leclercq

ANALYSIS

‘Unconstitutional’ – Experts, critics slam Milei’s massive reform plan

21-12-2023 23:21 Leading experts slam President Javier Milei’s bid to enforce sweeping change by decree.

MEGA-REFORM PACKAGE

Milei unveils broad reforms to liberalise Argentina's economy

21-12-2023 11:36 Javier Milei announces sweeping reforms to reduce the hand of the state in Argentina’s economy in a bold political move that’s likely to face pushback in Congress and courts.

'CADENA NACIONAL' BROADCAST

President outlines chainsaw deregulation plan for economy

20-12-2023 22:38 President plans to strike down or modify at least 300 pieces of “collectivist” legislation that he claims have “impeded, hindered an stopped” the country’s growth.

ECONOMIC MEASURES

Government prepares economic package ‘to avoid hyperinflation’

12-12-2023 10:39 President Javier Milei heads Cabinet meeting for second consecutive day; Among those in attendance, ex-Central Bank chief Federico Sturzenegger.