Posted 3/2/2024, 6:50:21 AM
Milei Forges Ahead with Controversial Economic Overhaul in Argentina
- Argentina's President Milei pushes sweeping economic reforms, vowing to implement them even without lawmaker support
- Milei has already devalued currency, cut subsidies and public jobs to reduce deficits and deregulate
- Reforms face legal challenges from unions, businesses and NGOs while protests mount against feared impacts
- Milei appeals for patience, says it will take time for benefits of reforms to materialize
- Argentina grapples with poverty, inflation and deficits after decades of economic mismanagement