Argentina's central bank reform bill reaches the lower house: what would change
Argentina's executive branch sent a bill to overhaul the central bank's charter to the Chamber of Deputies on Friday, a day after President Javier Milei outlined it in a nationwide broadcast. The measure formally enters the parliamentary record on Monday and heads to committees, with the government hoping to pass it in August.
Argentina's executive branch presented the formal bill to the Chamber of Deputies on Friday, a day after President Javier Milei outlined his plan to overhaul the central bank's charter in a nationwide broadcast. The move marks the government's next major legislative push on economic policy.
The bill formally enters the parliamentary record on Monday and will then be referred to relevant committees. The government hopes to see the legislation passed by the Chamber within August.
The reform proposes changes to the central bank's structure and powers, with details to be clarified during committee hearings. Milei's government had previously proposed closing the bank outright before shifting toward reforming it instead.
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