Javier Milei Making Argentina Great Again

President Javier Milei ending corruption and downsizing in Argentina

In a bold move to cut government spending, President Javier Milei has announced the closure of Argentina’s tax agency, branding it an “unnecessary bureaucracy” that hinders economic freedom.

At a glance:

• Argentina’s tax collection agency, AFIP, will be replaced by a new entity called ARCA, aiming to simplify tax and customs operations.
• The restructuring involves a 34% reduction in staff, laying off over 3,000 employees hired under the previous administration.
• The government expects annual savings of $6.4 million as a result of the changes.

The new ARCA agency promises a “simpler, more efficient, and less costly” structure, with a focus on professionalizing staff and rooting out corruption.

This shift includes a 34% reduction in the workforce, primarily targeting employees who were “irregularly hired” during former President Alberto Fernández’s tenure. Additionally, the reorganization will see a 45% reduction in senior positions and a 30% cut at lower levels. Salary reductions for high-ranking officials are also planned to align their pay with that of Cabinet ministers.

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