Javier Milei's Inauguration Sparks Speculation on Argentina's Future

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Source: NPR
Javier Milei's Inauguration Sparks Speculation on Argentina's Future
Photo: NPR
TL;DR Summary

As economist Javier Milei assumes the presidency of Argentina, there is uncertainty about which version of him will govern - the anti-establishment crusader from the campaign trail or the more moderate president-elect. Milei's victory in the presidential runoff election sent shockwaves through the political landscape, and his promises to tackle corruption, inflation, and currency depreciation resonated with disillusioned Argentines. However, his recent actions, such as appointing a former Central Bank president and backtracking on certain plans, suggest a more pragmatic approach. Milei plans to deliver his inaugural address to his supporters outside the National Congress building and is expected to announce drastic spending cuts. However, he is likely to face opposition from the Peronist movement and unions.

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