Mar 5 • 13:30 UTC 🇫🇷 France Le Figaro

Liberal, privatized, and oriented towards Washington: what does the 'New Argentina' promised by Javier Milei look like?

Argentinian President Javier Milei has announced an ambitious plan of 90 reforms to overhaul the economy and reduce the state's role.

In a bold address to Congress, Javier Milei, the newly elected 'anarcho-capitalist' president of Argentina, presented a sweeping agenda encompassing a staggering 90 reforms aimed at reshaping the nation's economy and government. Announcing this plan shortly after the passage of his significant labor reform, Milei intends to dismantle the welfare state and deregulate various facets of the economy by 2026. His vision for the 'New Argentina' focuses on reducing taxes and making substantive changes across sectors such as pensions, justice, and education, all while aligning more closely with Washington's economic policies.

Milei's approach signifies a drastic shift in Argentina's socio-economic landscape, as he seeks to implement measures that could provoke deep societal and political divisions. His declaration emphasizes a long-term plan to redefine the institutional architecture of Argentina for the next fifty years, suggesting profound implications for everyday citizens. The ambitious nature of these reforms has sparked both enthusiasm and concern among the populace, as many wonder whether such sweeping changes are feasible and what they could mean for their daily lives.

As Milei moves forward with these plans, he faces the challenge of garnering support from a population that has been historically resistant to such drastic neoliberal policies, particularly after years of economic instability and social unrest. The success or failure of his initiatives will likely determine not only his presidency but also the future socio-economic direction of Argentina. Observers inside and outside the country will be closely monitoring how effectively Milei navigates this transformative agenda, as the implications could reverberate across Latin America as a whole.

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