Argentina’s Milei Secures Midterm Win, Clearing Path for Libertarian Economic Overhaul

Argentine President Javier Milei’s coalition achieved a decisive victory in midterm elections, strengthening his mandate for radical fiscal reforms and deregulation. The result grants broader congressional backing for spending cuts, privatizations, and a new monetary framework that could include partial dollarization. Economists said the vote reshapes Latin America’s policy map, as Milei’s reforms aim to curb triple-digit inflation and stabilize reserves. Markets reacted positively, with sovereign bonds rising 3%. Analysts warned implementation challenges remain amid public resistance and external debt constraints.