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Argentina's Congress Passes Some of Milei's Deregulation Reforms. Will the Senate Support Them?

73 0
03.05.2024

Javier Milei

Katarina Hall | 5.3.2024 1:39 PM

Four months after taking office, Argentine President Javier Milei achieved his first victory in Congress with a scaled-down version of his ambitious reform package. Now, the president seeks its approval in the Senate.

After a grueling session that took over 24 hours, the Chamber of Deputies approved Milei's reform package with 142 votes in favor, 106 against, and five abstentions on Tuesday.

"This is a first fundamental first step to remove Argentina from the swamp it has been in the last few decades," the president wrote on X (formerly Twitter) after the vote.

Milei introduced the reform package—commonly referred to as the omnibus bill—in December with the aim of deregulating Argentina's crippling economy. But the bill was rejected........

© Reason.com


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