Argentina’s Milei Takes on Her First Major Challenge
Argentina experienced a chaotic scene in Buenos Aires, as thousands of people took to the streets to protest President Milei’s economic reform proposal. The protesters gathered in front of the Congress building and clashed with the police, turning the capital into a battlefield.
The proposed regulation, which has sparked massive protests, aims to privatize state institutions in an effort to address the worst economic crisis in decades. In a country where inflation is at a staggering 200 percent, President Milei is advocating for liberal policies to steer the country out of this dire situation.
Milei, who came to power with the elections last December, promised to cut the public budget and reduce state control. However, his ruling coalition is a minority in both houses of Congress, adding more uncertainty to the situation. The proposed package will now move to the Senate after being discussed in the lower house of Congress.
The intense public reaction and the clashes with the police highlight the deep divisions within Argentine society over the proposed economic reforms. The coming days will be critical in determining the fate of President Milei’s ambitious plan.
