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Argentina's lower house has approved President Javier Milei's extensive economic reform bills, marking a significant win for the libertarian leader after months of tough negotiations and protests[1]. The legislation, aimed at reducing the fiscal deficit and attracting foreign investment, secured final approval in the lower house after passing through the Senate amid strong opposition[1]. Milei's reform package includes measures to encourage investments, privatize state-owned enterprises, and grant the president expanded authority over economic and energy affairs for a year[1]. Despite facing hurdles due to opposition tactics, Milei's administration managed to push through the legislation, attributing the challenges to the obstructive behavior of hard-line opponents[1].
Sources [1] Argentine Congress seals 1st legislative win for President Milei after months of debate and protests https://apnews.com/article/argentina-congress-milei-law-president-economy-8deecd2adcdb82258a242b53d2474480
21 sats \ 1 reply \ @TomK OP 1 Jul
I still can't believe that there really is a politician who puts libertarian politics, a free market economy and the dismantling of the state into practice. All the disappointments and decades of building new socialist regimes in Europe have made me so politically numb that I hardly dare to rejoice
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Argentina has hit rock bottom
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