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Argentina: Javier Milei proposes automatic 'shutdown' in case of deficit

President Javier Milei unveils a reform banning state financing by the Central Bank.

Published 1sem3 sourcesConfirmedNotableupdated 1sem
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The fact

A mechanism inspired by the U.S. model would automatically paralyze public activities in case of prolonged deficit.

This measure aims to enforce strict budgetary discipline amid an economic crisis.

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Why it matters

Cette réforme marque une rupture avec les politiques économiques traditionnelles en Argentine et pourrait influencer d'autres pays confrontés à des crises budgétaires.

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Auto-synthesis from 3 media sources · identified on July 31, 2026
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