Argentine President Javier Milei signed the long-awaited ‘Pacto de Mayo’ with 18 governors at the Casa Histórica in Tucumán on July 9, 2024, coinciding with Argentina’s Independence Day celebrations. The pact, initially announced on March 1, outlines 10 key points aimed at economic reform and stability, including the inviolability of private property, fiscal balance, and education reform.The signing ceremony, broadcast nationally, was attended by several high-profile figures, including former President Mauricio Macri. However, the event was marked by notable absences, with five governors from the Justicialist Party (PJ) refusing to attend, citing ideological differences and concerns over the government’s policies. Vice President Victoria Villarruel was also absent due to illness.President Milei emphasized the significance of the pact, describing it as ‘a symbol of a change of era’ for Argentina. He stated, ‘After decades of alternating between opposing projects that have made the country poorer, we are now renewing our patriotic vows and signing the ‘Pacto de Mayo”. Milei also criticized those who rejected the pact, accusing them of being ‘ideologically blind, afraid, or obstinate in maintaining their privileges’.The pact aims to address Argentina’s economic challenges, with goals including reducing public spending to below 25% of GDP. However, it has faced criticism from some quarters, with Governor Gerardo Zamora of Santiago del Estero expressing concerns about the government’s economic direction.Despite the controversies, the signing of the ‘Pacto de Mayo’ represents a significant milestone in Milei’s presidency, potentially setting a new course for Argentina’s economic and political future.
Key points
- President Javier Milei signed the ‘Pacto de Mayo’ with 18 governors in Tucumán on Argentina’s Independence Day.
- The pact outlines 10 key points for economic reform, including fiscal balance and education reform.
- Five governors from the Justicialist Party refused to attend, citing ideological differences.
- Milei described the pact as ‘a symbol of a change of era’ for Argentina, while criticizing those who rejected it.
Contradictions👾While most sources report 18 governors signing the pact, one source mentions 16 governors.
This discrepancy might be due to last-minute changes in attendance or reporting errors.
