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Javier Milei drives BCRA overhaul and election reforms as new chief of staff Diego Santilli leads legislative push
President Javier Milei announced a plan to amend the Carta Orgánica of the Banco Central de la República Argentina (BCRA). The proposal would strip the central bank of financing mechanisms for the Treasury, limit short‑term advances, utility transfers and public‑debt purchases, and restore a single‑objective focus on preserving the currency’s value. Milei framed the change as “a major step to end inflation forever.”
New cabinet chief Diego Santilli, appointed after Manuel Adorni’s resignation, began a nationwide outreach to governors. He is spearheading the approval of several legislative items: a reform of the electoral system that seeks to suspend or eliminate the PASO primaries, a “zona fría” bill that would cut gas‑subsidy discounts for about 1.24 million households, and other measures on property rights, the so‑called Ley Hojarasca and judicial pliegos. Santilli’s meetings also covered regional infrastructure projects, such as a CAF‑backed water‑works loan for Chubut and the Vipos aqueduct in Tucumán.
The administration also introduced a new presidential spokesperson, Adrián Ravier, who emphasized a less confrontational communication style under Santilli’s coordination. Across the agenda, the Milei government is aligning its economic reforms with commitments to the International Monetary Fund and seeking to consolidate parliamentary support for its broad reform package.