Javier Milei’s administration announced it would restructure the National Mint and shut down one of its printing companies while its workers protested in front of the building. In his Thursday press conference, Presidential Spokesman Manuel Adorni referred to the Mint as “a state-owned printing company with severe inefficiencies.”

According to Adorni, the previous administration’s management of the Mint was “a real waste of resources, with debts that today amount to US$ 371 million; a negative equity of US$78 million and a negative gross result of US$20.5 million.”

Argentina’s Mint is a state-owned company called Casa de la Moneda which falls under the Economy Ministry’s purview. It owns two printing presses, one located in Retiro, a neighborhood in Buenos Aires City, and the other in Don Torcuato, a........

© Buenos Aires Herald