Explore Argentina's political upheaval as Javier Milei secures a landmark victory, promising economic reform amidst controversies

In a recent development in Argentina, Javier Milei has emerged victorious in the presidential election, securing a notable 55% of the votes after an extensive electoral process lasting nearly six months. 

The libertarian candidate successfully outpaced the incumbent Minister of Economy, Sergio Massa, signaling a substantial shift in the political landscape.

Argentina's new president Javier Milei

Source: Mint

Argentina has grappled with severe economic challenges, marked by a staggering year-on-year inflation rate of 142%, depleted Central Bank reserves, currency exchange restrictions, import limitations, and overall economic instability. Milei's resounding victory reflects the electorate's discontent with the existing economic conditions, overshadowing concerns raised during the campaign.

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Javier Milei, born on February 22, 1970, in Buenos Aires, is an academician with a background in economics, having earned a master's degree and a Ph.D. in Economics and Political Science. His proposals encompass a blend of liberal economic policies with conservative social stances, such as advocating for the dollarization of the economy while opposing the existing law permitting pregnancy termination.


Quel est l'homme politique français capable de défendre et assumer une politique totalement lbertarienne à l'image de #JavierMilei ...? pic.twitter.com/kb65n1zbCB

— Samsonite07 (@kleensamsonite) November 20, 2023

Noteworthy international alliances include support from figures like Donald Trump, Jair Bolsonaro, José Antonio Kast, and the VOX party in Spain. However, Milei's vice-president, Victoria Villarruel, has sparked controversy due to her past defense of military officers accused of human rights violations.

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The political landscape in Argentina is poised for change, and global observers await the unfolding of Milei's leadership and policy implementations.

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