The Government of Argentina suspends institutional advertising in the media for one year

MADRID, 12 Dic. (EUROPA PRESS) -

The new Government of Argentina has announced the suspension for at least one year of institutional advertising in the media, within a battery of saving measures that the president, Javier Milei, already promised during the campaign and that is part of his objective. general goal of reducing public spending as much as possible.

Milei's spokesman, Manuel Adorni, confirmed the suspension before a cabinet meeting at the Casa Rosada, claiming that "the situation is critical." "There is no money," the president said on Sunday, in his first speech after becoming president of the South American country.

Adorni has once again alluded to the inheritance received by the current Government to warn of the high levels of poverty and inflation. In this sense, he has warned that "the elephant-sized State cannot continue to exist", so "it must shrink", reports the Télam news agency.

The Executive has put under "review" all public contracts signed by the State in the last year and has put civil servants in the spotlight. Adorni has pointed out in his appearance that "he who does not work will no longer belong to the plant" of the State.

The Minister of Economy, Luis Caputo, is expected to announce this Tuesday the first major package of economic measures of the new political stage in Argentina.