"Argentina's Congress Set to Pass Sweeping Reform Bill Amid Political Debate"
Argentina's government is confident that its comprehensive economic reform bill, known as the "omnibus bill," will be approved in Congress after making concessions to remove divisive sections. President Javier Milei aims to overhaul the country's struggling economy, which is burdened by high debt, soaring inflation, and capital controls. The bill, a key part of Milei's reform plan, is expected to be debated in Congress after the government removed the key fiscal section following opposition. Despite market support, the government faces challenges in meeting deficit pledges and reversing an expected economic contraction.