Argentina’s new libertarian president Javier Milei unveiled a sweeping emergency decree on Wednesday night that mandated more than 300 measures to deregulate the country’s rigid economy.
The decree strikes down major regulations covering Argentina’s housing rental market, export customs arrangements, land ownership, food retailers and more. It also modifies rules for the airline, healthcare, pharmaceuticals and tourism sectors to encourage competition.
Other measures will relax Argentina’s strict employment laws, and change the legal statuses of the country’s state-owned companies, which include an airline, media companies and energy group YPF, to make it possible for them to be privatised.
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