Javier Milei, president of Argentina: government measure is part of the State reduction plan| Photo: Juan Ignacio Roncoroni/EFE
The President of Argentina, Javier Milei, ordered this Friday (25), by decree, the beginning of the sale process of around 300 properties that are owned by the State and that his government considers “unnecessary”.
The measure, published in the Official Gazette, determines that the State Assets Administration Agency promotes “asset disposal procedures”. The decree excludes some properties in Argentina and those located outside the national territory.
The list of properties that the Milei management will sell includes around 300 properties in various parts of the country, including houses, buildings and land without construction.
The measure is part of the severe adjustment policies that the government is promoting to shrink the State and achieve balance in public accounts.
The decree says that, based on greater efficiency measures, “there is a need to promote the sale of properties belonging to the national State that are unnecessary for its management”.
According to the government, “keeping idle” properties considered “unnecessary for the management” of the State “generates costs and expenses that must be avoided, which is why it is necessary to promote procedures for their disposal”.
As part of its policy of reducing the weight of the State, Milei’s Executive also promotes the privatization of several public companies or companies controlled by the national State.
On Wednesday (23), the Argentine government announced that the first company to be privatized will be the railway company Belgrano Cargas.
“As a result of the Basic Law, the state-owned company Belgrano Cargas y Logística SA will be privatized in what will be the first privatization of a railway company since the administration of Javier Milei took office,” said presidential spokesman Manuel Adorni, according to newspaper information Clarion.