Argentina s new president is inaugurated, half of the government departments are streamlined, can s

Mondo Sports Updated on 2024-01-29

Argentina's new ** Milley showed his determination to reform soon after taking office, he cut half of the *** departments, from 18 to 9, a move that showed his determination to reform the bloated ** system and cut spending. He also pledged to cut public spending, which accounts for about 5% of Argentina's total GDP. These measures are conducive to reducing the burden and promoting economic development.

Argentina's economy is in a worrying situation, with high inflation, high poverty and a debt crisis. In order to get out of this predicament, Milley decided to go into economic shock**. There have been successful cases of economic shock** in past practice, such as Russia and other Latin American countries. However, each country's situation is different, and the success or failure of this policy is still debatable.

Milley's challenge is how to pursue his own reform policies in Congress. Although he won **, his party had fewer seats in Congress. In addition, his reforms could lead to the loss of a large number of civil servants, increase popular discontent, and even cause social unrest. In addition, he will need more external financial support, which will be very difficult due to Argentina's debt problems and insufficient foreign exchange reserves.

To sum up, the economic shock policy adopted by Milley has certain risks, but it is also possible to promote the development of the Argentine economy to a certain extent. The key lies in his ability to overcome all the difficulties and ensure the effective implementation of the reform policy. We look forward to Milley leading Argentina out of its predicament and achieving economic recovery and development.

Milley won the election, but his support in Congress was relatively weak. With only eight seats in the Senate and 38 in the House of Representatives, his party is unable to pursue his economic reform policies by a dominant margin. Therefore, he needs to enlist more support in Congress to move the reform smoothly.

Milley's reform policies could lead to the loss of a large number of civil servants, and at the same time reduce various economic subsidies, to the detriment of the interests of wage earners. These measures are likely to provoke widespread demonstrations** and social unrest, especially for people with lower living standards, further exacerbating social instability.

To implement the economic shock**, Milley will need a lot of external capital support, especially the US dollar. However, Argentina's existing debt levels are already very high and its foreign exchange reserves are insufficient, making it more difficult to obtain external capital support. The International Monetary Organization, the United States**, and consortia are all wary of lending to Argentina, so Milley will need to overcome this difficulty.

The economic shock policy adopted by Milley since taking office has faced many challenges and difficulties. However, despite this, his determination to reform and measures are still worth looking forward to. After all, the Argentine economy is facing a serious crisis, and some strong measures need to be taken to change the status quo.

However, achieving these reform goals will not be an easy task. Milley will need to overcome numerous obstacles, both at home and abroad, including enlisting congressional support, dealing with the risk of social instability, and securing external capital support. It will be a path full of thorns and challenges.

Overall, Milley's determination to reform since taking office is encouraging, and he has tried to revive the Argentine economy by streamlining the sector and cutting spending. However, we must also maintain rational judgment and be aware of the problems and difficulties that may arise in the process of reform. It is only after overcoming these difficulties and taking effective measures that Argentina will be able to achieve economic recovery and development. I hope that Milley can successfully push Argentina out of its predicament and bring a better life to the people.

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