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Milei to Sign Decree Lifting Executive Pay Freeze, Raise to Be Published Jan. 2

Officials say a cap tied to SINEP seeks to restore eroded pay to retain technical teams.

Overview

  • The decree will be signed Tuesday and published in the Official Gazette on January 2, ending a two‑year freeze on top executive salaries.
  • It covers the president, vice president, ministers, secretaries and subsecretaries, with the increase limited to adjustments granted under the national SINEP paritaria.
  • Government sources cite roughly a 60% loss of purchasing power and difficulties retaining specialized staff as justification given the widening gap with private-sector pay.
  • Current reported gross monthly pay is about $4,066,018 for the president, $3,764,820 for the vice president, $3,584,006 for ministers, $3,282,709 for secretaries and $2,981,513 for subsecretaries, while senators and deputies receive about $9.5 million and $7 million.
  • The measure was negotiated by Karina Milei, Manuel Adorni, Luis Caputo and Federico Sturzenegger, was delayed until after October elections and follows a prior attempt that was rescinded.