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Home » Milei accused of hypocrisy in a scandal over a 48% pay rise
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Milei accused of hypocrisy in a scandal over a 48% pay rise

Bernie Goldberg
Last updated: 2024/03/12 at 4:51 PM
Bernie Goldberg Published March 12, 2024
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‘You signed, bought paid and bought caught’Learn extra CNBC politics protection

Argentina’s President Javier Milei gestures whereas delivering his first coverage speech to parliament in the course of the inauguration of the 142nd strange session of Congress in Buenos Aires on March 1, 2024.

Juan Mabromata | Afp | Getty Photos

Argentina’s Javier Milei has been accused of hypocrisy for orchestrating a considerable enhance in presidential pay whereas pushing by way of an austerity package deal, in a scandal that has rocked the right-wing populist’s authorities.

Opposition lawmakers hit out at Milei over the weekend, sharing particulars on social media that confirmed his gross month-to-month wage rising to only over 6 million Argentinian pesos ($7,073 with Argentina’s official change price) final month. It mirrored a 48% enhance in presidential pay from January.

Milei stated throughout a televised interview on Monday that he had ordered the dismissal of Labor Secretary Omar Yasin over the scandal, reportedly saying a wage enhance for himself and prime authorities officers was “an error that ought to not have been made.”

The libertarian economist, who has typically been in comparison with former U.S. President Donald Trump, sought to defend the pay enhance by claiming it was robotically triggered by a decree signed by former President Cristina Fernandez de Kirchner 14 years in the past.

Opposition lawmakers, nonetheless, stated the president’s personal signature was used on a February decree that enabled the pay enhance.

“I’ve simply been knowledgeable that on account of a decree signed by former president Cristina Kirchner in 2010, which established that political officers ought to all the time earn greater than public administration workers, an computerized enhance was granted to the political workers of this authorities,” Milei stated Saturday in a put up by way of social media platform X, in accordance with a Google translation.

“In a time of disaster like the present one through which Argentine society is making a heroic effort, politicians must be the primary to lend a serving to hand,” he added. “The political joke is over.”

On this aerial view members of social organizations collect outdoors the Ministry of Human Capital to protest towards meals shortage at soup kitchens and President Javier Milei’s authorities’s austerity plan in Buenos Aires on February 23, 2024.

Tomas Cuesta | Afp | Getty Photos

The scandal comes shortly after a main setback to Milei’s sweeping financial reform invoice, though the president has since reaffirmed his willpower to push forward with divisive austerity measures.

Milei, who gained a presidential runoff vote late final yr, has stated there is no such thing as a various to his proposed “shock remedy” if the federal government is to get a grip on Argentina’s profound financial disaster.

The buying energy of Argentinians has been ravaged by an annual inflation price of greater than 250%, the very best stage in over three a long time, whereas two in 5 residents now reside in poverty after a long time of monetary mismanagement.

Amongst a few of his proposed insurance policies, Milei has pledged to dollarize the financial system, abolish the nation’s central financial institution and privatize the pension system.

‘You signed, bought paid and bought caught’

Victoria Tolosa Paz, an Argentinian lawmaker who had beforehand served within the cupboard of leftist President Alberto Fernandez, accused Milei of double requirements.

“With the flag of austerity, Milei lies to us,” Tolosa Paz stated Saturday by way of social media, in accordance with a Google translation.

Learn extra CNBC politics protection

Argentina’s Fernandez de Kirchner additionally criticized Milei, saying the decree she had signed in 2010 had “nothing to do” with the present authorities’s wage scandal.

“Oh President … you wish to struggle with me in order that we do not discuss concerning the decree you signed giving a 48% enhance to you and your officers whereas destroying the pensions and salaries of Argentinians … and Argentine ladies too,” Fernandez de Kirchner stated Saturday by way of X, in accordance with a Google translation.

“Admit that you just signed, bought paid and bought caught,” she added.



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Bernie Goldberg March 12, 2024 March 12, 2024
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