Argentina: Milei's second-half agenda — stripping the central bank to a single mandate

Milei's legislative package for H2 2026 reforms the central bank's charter to replace its five objectives with a single mandate — preserving the currency's value — expressly banning unbacked money printing and Treasury financing, plus capital-markets law and insurance deregulation, framed as "shielding" the stabilisation before the 2027 election.

The most-watched free-market experiment in the world moving from emergency measures to institutional lock-in — how reformers entrench gains against future reversal is a live question for a future UK government inheriting institutions it distrusts.