"Argentina's Lower House Passes Milei's Ambitious Omnibus Reform Bill"

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Source: Al Jazeera English
"Argentina's Lower House Passes Milei's Ambitious Omnibus Reform Bill"
Photo: Al Jazeera English
TL;DR Summary

Argentina's lower house has approved President Javier Milei's controversial "omnibus" reform bill, aimed at transforming the economy and state, in a 144-109 vote, with protests outside Congress. The bill, which may undergo changes before heading to the Senate, has sparked concerns about increased exploitation of natural resources and cuts to environmental and cultural resources. Milei's far-right party supports the bill, while opposition warns of the risks of free-market reforms. The IMF has approved a $4.7bn disbursement to Argentina, signaling confidence in Milei's reforms.

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