"Javier Milei's 100 Days: A Rollercoaster Ride for Argentina's Economy"

1 min read
Source: The Economist
"Javier Milei's 100 Days: A Rollercoaster Ride for Argentina's Economy"
Photo: The Economist
TL;DR Summary

After 100 days in office, Argentine President Javier Milei has made significant economic strides by achieving monthly fiscal surpluses, reducing inflation, and stabilizing the country's currency. However, these successes have come at a high cost, with an estimated 50% of Argentines living in poverty and the economy expected to shrink by 4% this year. Milei's popularity remains high, but his lack of support in Congress poses a challenge to enacting deep reforms. The next 100 days will be crucial as he seeks to navigate the intertwined challenges of economic recovery and political support.

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