Argentina entered a new phase as President Javier Milei announced a sweeping package of more than 300 reforms designed to liberalize the national economy. The move comes after Milei appealed directly to the Argentine people, outlining a plan that would redefine economic policy and unlock growth opportunities across the country. (RIA News)
In his address, the head of state framed the reforms as a decisive step toward restructuring the Argentine economy, restoring economic freedom, and removing a series of obstacles that have long hindered development. The proposed measures aim to reduce state intervention, increase efficiency, and empower private initiative as the central engine of progress. (RIA News)
Key components presented by Milei include privatization of state assets, liberalization of export rules, and a shift away from price controls. These elements are positioned as part of a broader strategy to reorient the economy toward market-driven dynamics, improve competitiveness, and attract investment. Milei emphasized that these steps mark the beginning of a longer reform journey, not a single policy move. (RIA News)
The president indicated that the next phase would involve parliamentary action, with an emergency session anticipated in the coming days. During that session, lawmakers would consider a substantial package of economic bills designed to implement the reforms and translate the broad plan into concrete policy. The aim is to create a stable macroeconomic framework and lay the groundwork for sustainable growth. (RIA News)
Earlier developments in Argentina included conversations about a devaluation of the national currency, a topic raised by the new Minister of Economy, Luis Caputo. The discussions reflect the ongoing effort to recalibrate the exchange rate regime and price formation in the wake of evolving economic conditions. (RIA News)
Analysts, including political observers, have drawn comparisons between President Milei and other contemporary figures, noting that new leadership often brings a bold reform agenda. The situation in Argentina continues to attract attention as the country tests new policy directions and contends with the challenges of aligning fiscal discipline with social and political realities. (RIA News)