Argentina votes this week on the reform barring the central bank from funding the Treasury

Argentina's Chamber of Deputies is scheduled to debate a significant reform of the central bank's charter this week. Promoted by the administration of President Javier Milei, the legislation aims to prohibit the monetary authority from financing the fiscal deficit through money creation.

In addition to barring central bank funding of the Treasury, the proposed reform explicitly establishes the preservation of the currency's value as a primary objective for the monetary authority.