Newly elected President of Argentina, Javier Milei, has sold two national private jets and slashed the number of official vehicles and drivers by half in a move that would save the country $3 billion annually.
A statement by his spokesperson, Manuel Adorni noted that the move was in furtherance of the President’s committment to cut government spending and stave off Argentina’s 3,678 per cent annual inflation rate that the minister of economy, Luis Toto Caputo, predicted.
The two airplanes sold off belonged to YPF, a government-owned oil and gas company, but were expended to salvage Argentina’s ballooning inflation since they were “used almost exclusively by privileged” statesmen, Adorni said.
President Milei has continually shown himself to be prudent as he raffled off his last salary as a lawmaker on Friday, fulfilling his political vow where he had promised to donate his lawmaking monthly remuneration.
