"Argentina's Lower House Passes Milei's Ambitious Reform Bill, Negotiations Ahead"

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Source: The Associated Press
"Argentina's Lower House Passes Milei's Ambitious Reform Bill, Negotiations Ahead"
Photo: The Associated Press
TL;DR Summary

Argentina's Chamber of Deputies approved in general terms a sweeping reform bill proposed by libertarian President Javier Milei to deregulate the economy, but negotiations on the bill's more than 300 articles are ongoing. The bill includes economic, administrative, criminal, and environmental changes, with some lawmakers expressing reservations about privatization and delegation of legislative powers. Milei aims to reduce state spending to address the government budget deficit and inflation, but his measures have sparked protests and a general strike.

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