Overview
- La Libertad Avanza captured roughly 40–41% of the vote, prevailed in 16 of 24 provinces, and took the pivotal Buenos Aires province from the Peronists.
- Seat gains in the Chamber and Senate leave Milei short of a single-party majority but with greater leverage to pass legislation via deals with centrists and PRO allies.
- Markets surged after the vote, with dollar-linked bonds up as much as 25% and some U.S.-listed Argentine stocks jumping up to 50%.
- The United States publicly backed the government, with Trump offering congratulations and reports citing a roughly $40 billion U.S. support package.
- Supporters credit austerity for bringing inflation near 30%, yet Milei still faces corruption probes, low turnout signaled voter disillusion, and 2026 financing risks loom as a cabinet reshuffle is expected after December 10.