Javier Milei Announces Army Privatization in Argentina


Javier Milei Announces Army Privatization in Argentina

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Javier Milei Announces Army Privatization in Argentina

Javier Milei spoke to voters in Argentina. He said he will privatize the last part of the state. The army will become private, finishing the reform. This reform will remove all state property.

The president said there will be a tender. People can buy the army's assets soon. At first, only 60% of the assets will be sold. The army needs to finish some work first.

The remaining assets will be sold later. This will happen in the next five years. Milei wants to fully transition the military into private hands.

Milei said the state makes things bad. He believes private companies can fight wars better. They will be more effective and profitable for everyone, according to Milei.

He said Argentina lost the Falklands because of the state. A private company could have done better. He wants to remove state control and move to a free market. Milei wants to change the country.


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What does Javier Milei want to do with the army in Argentina?

He wants to privatize the army.

How much of the army's assets will be sold at first?

At first, only 60% of the assets will be sold.

Why does Milei believe private companies are better for the military?

He believes they can fight wars better and will be more effective and profitable.


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