Argentina’s lower house backs central bank overhaul to curb money printing in 144–102 vote
Argentina’s lower house approved a reform bill to the central bank charter by 144 votes to 102, with 9 abstentions. The proposal would bar the central bank from directly printing money to finance the Treasury and would remove its mandate to promote employment and economic development. It would make preserving the peso’s value the central bank’s primary objective and aims to prevent future governments from using monetary expansion to cover fiscal deficits. The bill is a key part of President Javier Milei’s economic agenda and drew strong opposition from leftist and Peronist lawmakers.