Argentina's New President Implements Shock Economic Measures, Strengthens Military Amid Fiscal Troubles

Argentina's new president, Javier Milei, has promised to modernize the country's defense force by improving military equipment and infrastructure, strengthening training, and adopting new technological and operational capabilities. However, experts question whether this is feasible given the country's fiscal challenges. The government is expected to face pressure and funding demands from other public sectors, making it unlikely that the Ministry of Defense will receive the necessary funding for modernization. Additionally, the government will need to revise the national defense policy and address funding issues before undertaking any significant military modernization efforts.
- Argentina's new president seeks stronger military amid fiscal troubles Defense News
- Javier Milei implements shock therapy in Argentina The Economist
- Argentina’s new president implements shock economic measures, devalues currency and cuts subsidies PBS NewsHour
- Argentina to devalue peso by over 50% as part of emergency economic reforms CNN
- How did a far-right outsider rise to power in Argentina? Al Jazeera English
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