Argentine President Javier Milei confirmed he will present a legislative proposal to overhaul the charter of the Central Bank (BCRA) on Thursday.
The reform is designed to redefine the institution's core mandate as preserving the value of the national currency, a move Milei characterizes as ending decades of monetary mismanagement.
Handelsavisen previously reported that Milei has been advancing this legislation as a strategic priority before the next general election.
The proposal represents a significant escalation in Milei's campaign to structurally insulate the central bank from political interference.
By codifying the bank's independence into law, the administration aims to lock in the monetary discipline that has underpinned the country's recent economic stabilization efforts.
This structural shift is intended to reassure international investors and domestic markets that the current trajectory of disinflation and fiscal consolidation is irreversible, regardless of future political changes.
Handelsavisen previously reported that Milei has been advancing this legislation as a strategic priority before the next general election.