Overview
- Argentines are choosing 127 of 257 deputies and 24 of 72 senators in a race polls suggest is tight between La Libertad Avanza and the Peronist coalition.
- Milei seeks roughly a one‑third blocking share in Congress to shield his vetoes, up from his current 37 deputies and six senators.
- Monthly inflation has fallen to 2.1% under his program, but deep spending cuts and subsidy rollbacks have weakened purchasing power and increased hardship.
- Washington arranged a $20 billion currency swap with the prospect of more, with President Trump saying continued support hinges on Milei performing well, sharpening market sensitivity to the result.
- Corruption allegations tied to Karina Milei, José Luis Espert’s withdrawal, and the foreign minister’s resignation have pressured the government, with analysts warning a weak result could force a sharper peso adjustment.