Will the Swan Really Sing?

On 3 October, the Argentinean media went wild announcing that Milei’s never- a-dull-moment government would be restructuring and, possibly closing, the Argentine Mint (Casa de Moneda República Argentina – CAMOAR).

Although shocking to many, the news could not be so surprising after the Argentine government announced during a press conference at the presidential palace, Casa Rosada, on the previous day, that Trenes Argentinos Capital Humano (DECAHF), a state agency with almost 1,400 workers, had been closed and all its employees terminated.

The government explained its decision with a statement stressing that the agency did not operate any trains and was only a duplication of activities and responsibilities already in place at other state-owned railway companies. Moreover, it was mentioned that the government was only continuing to follow through with campaign promises to eliminate what the Ministry of Economy deems ‘unnecessary expenses,’ and that closing said agency is estimated to save ARS 42 million per year (US $43 million).