The demonstrators were protesting for a second night against President Javier Milei’s reform package, which proposes massive privatizations and delegating legislative powers to the president
The demonstrators were protesting for a second night against President Javier Milei’s reform package, which proposes massive privatizations and delegating legislative powers to the president
The reform package is expected to pass as a whole — but with these pillars of the reform hanging in the balance, some in Argentina’s Congress say the bill could ‘lose its leverage’
The international lender also announced that it would extend the current deal through December
The bill is expected to pass as a whole, but the so-called ‘moderate opposition’ has already stated they will not support some of the articles
In October, the Fund said it expected the country to grow this year by 2.8 points
La Libertad Avanza has been intensely negotiating, reaching compromises with other blocs to get it approved. Of the bill’s original 664 articles, 278 have been removed.
A legal figure known as the delegation of legislative powers allows the president to rule by decree on specified issues — but strict rules apply
After multiple reviews highlighting the country’s missed goals, sources told Reuters the additional time is to ‘ensure that the program delivers on its objectives’
The Chamber of Deputies confirmed the date after several delays. The bill has been modified but LLA has insisted on giving the president legislative powers