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President Javier Milei proposes reform package to strengthen central bank governance in Argentina.

President Javier Milei proposed a reform package on July 30 to strengthen the governance of Argentina's central bank. The initiative aims to prevent the bank from financing government spending, which would help stabilize the economy. The reform package was presented to the nation as a primary step toward fiscal responsibility. By limiting the bank's role in funding expenditures, the administration announced a shift toward more disciplined financial management. This move is expected to be a key component of the strategy to reduce national debt and curb inflation.

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