President Javier Milei's Economic Reform Package Approved
President Javier Milei's Economic Reform Package Approved

President Javier Milei's Economic Reform Package Approved

News summary

President Javier Milei is on the verge of achieving significant economic reform victories in Argentina's Congress, with market-friendly measures aimed at reviving the economy. The reforms include reducing state intervention, granting executive powers to Milei, easing labor laws, providing tax breaks, and deregulating sectors like oil and gas. Despite facing challenges in the Senate, Milei's administration has navigated negotiations to advance the bills, focusing on austerity measures and privatization. The lower house is expected to vote on the amended bills, aiming to reinstate taxation and asset declaration measures removed in the Senate, with potential legal and opposition hurdles ahead.

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Last Updated
142 days ago
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