In a new chapter of his plan to shrink the state, Javier Milei’s government enacted a comprehensive reform to the regime for disposing of national assets. Through Resolution 111/2026 of the State Property Administration Agency (AABE), published in the Official Gazette, the libertarian administration modified the Regulations for the Administration and Disposal of Movable and Livestock Assets. The changes aim to increase the margins for direct sales and outsource auctions to private companies.
The central measure is the modification of articles 69 and 84 of the regulations, which unifies and increases to 400 modules the value of assets that can be disposed of in a simplified manner. Since the current module value is $40,000 (Decree 666/2024), the new cap rises to $16 million. Under this new regulation, the State is empowered to carry out «direct sales» — that is, without the rigor of a public open auction — under two main conditions: first, that the assets are «difficult to market» or «due to their characteristics are not suitable for auction»; second, that a previous auction has been declared «unsuccessful.»
The official justification, set forth in the recitals of the resolution, argues that this increase in caps seeks to attract «assets of greater economic significance,» which, according to the official view, «will foster competition among bidders and, consequently, result in more advantageous contractual conditions for the National State.» However, this logic ignores that by bypassing traditional public auction mechanisms in favor of direct processes or those managed by intermediaries, visibility and citizen control over the price and destination of resources belonging to all Argentines are reduced.
Another critical point of the reform is the delegation of these operations to private electronic platforms. According to the new text, the AABE will carry out a public tender to contract these platforms, which will act as digital auctioneers for the State. But what is most alarming in terms of oversight is the provision in Article 74, which establishes that the AABE will issue sales orders through official communications and «it will not be necessary to issue administrative acts for each sales procedure.»
This mechanism streamlines the «cleaning» of state inventories but weakens the chain of legal responsibilities in the event of potential irregularities in transactions. The scope of what the Government is preparing to liquidate is vast: from vehicles and machinery to furniture, computer equipment, and other movable assets. The resolution also covers «livestock,» i.e., state-owned animals, such as horses from the Federal Police or the Army.
Thus, the resolution issued by the libertarian administration moves away from bureaucratic adjustment to become an operational tool that treats common patrimony as a stock of goods for quick liquidation. By privatizing the management of sales and reducing the number of required administrative acts, Milei’s government relegates public transparency to embrace mechanisms that benefit market opacity.
Para mí esto es un golazo. Milei le corta el curro a los zurdos que vendían el país a escondidas. Ahora sin subastas falopas ni amigos del poder. Vender todo y que el mercado decida, no los políticos chorros. Vamos libertarios carajo!
che pero q mierda es esto milei ya regala el pais a los amigos 16 palos sin subasta asi se afanan todo ajuste pa los laburantes y fiesta pa los empresarios vende patria hijo de mil no te votamos pa esto firmado el comandante lopez