May Pact: Government included education and set aside its proposal to promote a private retirement system

The Government formalized this Wednesday the call for the signing of the May Pact, scheduled for next Tuesday, July 9 in Tucumán, “with the aim of sealing the basic agreements to move Argentina forward.” With a new version, which includes a claim from the opposition and leaves out an old proposal of the ruling party, the Casa Rosada communicated through the official channel of the Presidency the ten points that make up this foundational pact presented by President Javier Milei in his speech in front of the Legislative Assembly on March 1. The 10 points of the May Pact1. The inviolability of private property.2. The non-negotiable fiscal balance.3. The reduction of public spending to historic levels, around 25% of the Gross Domestic Product.4. A useful and modern initial, primary and secondary education, with full literacy and without school dropouts.5. A tax reform that reduces the tax burden, simplifies the lives of Argentines and promotes trade.6. The rediscussion of the federal co-participation of taxes to put an end forever to the current extortion model suffered by the provinces.7. The commitment of the Argentine provinces to advance in the exploitation of the country’s natural resources.8. A modern labor reform that promotes formal work.9. A pension reform that gives sustainability to the system and respects those who contributed.10. The opening to international trade, so that Argentina can once again be a protagonist in the global market. Unlike the original document, this one includes in its fourth point an agreement for “a useful and modern initial, primary and secondary education, with full literacy and without school dropouts”. In addition, in the ninth, it excludes the Government’s proposal to promote the creation of a private retirement system. When he presented it on March 1 during the opening of ordinary sessions of Congress, the president thought of signing the May Pact for the 25th of that month, within the framework of a new anniversary of the May Revolution, in Córdoba. However, the delay in the approval of the Basic Law forced the Government to postpone the signing of the document. Paving the way for its approval, after long negotiations, the Executive Branch proposed July 9 as a new date, which is also part of the commemoration of a national date, in this case, the Declaration of Independence. The place chosen this time was Tucumán, where 208 years ago the Act of Independence was signed.

Original source in Spanish