Closing down the monetary regulator is part of the president-elect’s radical reform plans Argentina's incoming president Javier Milei confirmed on Friday that he will keep his promise to shut the nation's central bank. The statement was posted by his office on X (formerly Twitter). The shutdown was Milei’s signature campaign pledge along with some other radical plans he describes as a “shock therapy” to fix Argentina’s beleaguered finances. They include dollarizing the economy, and privatizing state-owned media outlets and other public companies including energy firm YPF. The statement reportedly came in response
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