(I forgot to do posts for 2024 so im doing this post to sum up what my government did in 2024 and what we are doing now, sorry for not putting this out first.)

With the election of Juan Jose Gomez Centurion's government, his work was strongly cut out for him. An economy in tatters, inflation through the roof, an angry and restless military, as well as a weary populace concerned over the possible overturning of many Argentinian statutes and policies done during the Peronist era by this new rabidly reactionary and nationalist government. the former cases are indeed true, but the leftists and liberals of Argentina do not need to fear our rule. Of course, they are incapable to do much about it, but that does not mean that we are capable or want to cause significant instability on our young regime. The legal status quo is perfectly acceptable for our objectives and interests besides the fact that the powerful Fontainist group is against implementing far right social policies. This has presented a knife’s edge to the conservative majority in Argentina. They acquired a comfortable majority, but the Fontainists are by far the most powerful bloc as their willingess to compromise exceeds even loyalties to their coalition. Centurion is keenly aware of this, and thus will prefer to stick to JxC’s agenda formulated during the election.

First of all: the economy. Argentina’s economy is in dire need of conservative fiscal policy. Its inflation is immense and consumer good shortages plague the nation. Thus of the first policies passed by the government was to significantly raise interest rates of the argentinian peso, reel in the central bank, government subsidy cuts and spending cuts. A marginal corporate tax increase accompanied the new spending bill. While this is standard practice and in no shape or form will it be enough to actually resolve the inflationary crisis. 2 events have changed our outlook for the better. Improved ties between the EU, Canada and Mercosur has increased the imports of key consumer goods into the economy of Argentina, lowering prices which helped in keeping the economy stable. The reentry of Venezuela into Mercosur has significantly reduced oil prices in Argentina combined with the recent Russian investment on Argentina’s liquified natural gas reserve extraction have made fuel prices in the country plummet as well. Further investments on raw material production has also gradually made industrial production cheaper and thus less reliant on government subsidies to keep themselves afloat. With Argentina rolling into 2025, inflation has reduced from 105% to 23% and declining. If all goes well, inflation will return to a moderately acceptable 9% inflation rate.

The successful CELAC conference of last year provided Argentina with significant prestige amongst the Latin American states for it’s leadership role in promoting deeper integration and economic independence between the states. The CELAC Industrial Development Bank founded IN 2024 forms the foundation for the first supranational government entity tasked with the development for Latin America alone. Besides from Argentinian diplomatic forays with it’s neighbors and Brazil. None have been more succesful and profitable to Argentina than with Russia. Believing that despite the associated risks of sanctions against Argentina for associating too closely with Russia, President Centurion, himself a covert fan of Vladimir Putin, entrusts that Argentina can greatly benefit from its trade with Russia. And thus far it has worked. President Centurion called for a policy of purchasing all private assets of mining enterprises in the extraction of rare earth minerals and keeping it’s extraction controlled by the government. This industry is highly profitable and despite seeing a moderate increase in Argentina’s debt, refined rare earth metal exports now are paying back big time which would not have otherwise been possible without Russian aid. Perhaps the biggest move done by Argentina was the purhade of a majority of shares from the LNG giant LukOil, sponsored by Russia, which has promptly accepted the expansion of Argentina’s burgeoning natural gas industry. By 2025, Argentina my very well become a prominent exporter of natural gas which will directly benefit Argentina’s trade partners within CELAC and Mercosur.