Overview

• Partial counts put Fuerza Patria near 46% and La Libertad Avanza around 34% in Buenos Aires province, a wider margin than polls suggested.
• President Javier Milei acknowledged a “clear defeat” and said he would accelerate his reform agenda, while his economy chief pledged no change in fiscal or monetary policy.
• Buenos Aires province accounts for roughly 40% of Argentina’s voters and over 30% of GDP, making the result a key gauge of national sentiment.
• Milei’s spending cuts produced a budget surplus and lower inflation but coincided with economic contraction, job losses, and reductions to pensions and disability support.
• Corruption allegations linked to Karina Milei, sustained protests, and a recent congressional override on disability benefits have increased pressure ahead of the October 26 midterm elections.