The approximately 300 changes would earmark many government companies for privatization, and loosen protections for renters, employees and shoppers. The steps also include a 50% devaluation of the Argentine peso, cuts to energy and transportation subsidies, and the closure of some government ministries. According to Milei, the decree aims to return freedom and autonomy to individuals and "start dismantling the enormous amount of regulations" that have hindered the economic growth of Argentina. The reforms also include plans to privatise the state-owned companies.
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