Javier Milei's Push in Congress: Ley Hojarasca Targets Obsolete Laws and Bureaucracy in Argentina
Javier Milei's Legislative Initiative
In a decisive move, President Javier Milei has advanced the Ley Hojarasca bill to Congress, which targets approximately 70 laws deemed obsolete. This legislative effort, confirmed by state deregulation czar Federico Sturzenegger, aims to cut through the thick layers of bureaucracy that stifle the Argentine economy.
Objectives of the Ley Hojarasca
- Revoke outdated laws to foster economic growth
- Streamline governmental procedures
- Encourage investment through regulatory relief
The Impact of Bureaucracy on the Economy
The existing bureaucracy in Argentina has long been criticized for impeding economic development. By addressing these obsolete laws, Milei's administration aims to pivot towards a more efficient economic model.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.