Particle.news

Download on the App Store

Milei's First 100 Days: Economic Gains Amidst Rising Poverty and Political Challenges

Despite achieving Argentina's first budget surplus in years, President Milei faces opposition in Congress and growing public discontent.

Image
Image
Image
Image

Overview

  • President Javier Milei of Argentina marks 100 days in office with mixed results, facing economic challenges and political opposition.
  • Milei's economic reforms, including austerity measures and deregulation, have led to a significant reduction in inflation but also increased poverty and social tension.
  • Despite achieving Argentina's first budget surplus in 12 years, Milei struggles to gain support in Congress, facing setbacks with emergency decrees and reform bills.
  • Public discontent grows as poverty rates soar and unemployment rises, with protests and strikes becoming more frequent.
  • Milei remains committed to radical economic transformation, aiming for further deregulation and fiscal consolidation, despite facing political and social hurdles.