Arrr! The Argentine landlubbers be givin' aye to Milei's 'omnibus' reform bill! Avast, a step forward it be!
2024-02-02
Arr, me mateys! Avast ye! In a jolly turn of events, Argentina's lower chamber of deputies hath given its approval to a vast "omnibus" reform bill, supported heartily by our libertarian Captain, Javier Milei!
Argentina's lower chamber of deputies approved libertarian President Javier Milei's sweeping reform bill in a vote on Friday, setting the stage for a vote in the Senate. The controversial package was passed with 144 votes in favor and 109 against. While lawmakers will still vote on the legislation article by article, the general approval indicates that it is likely to proceed in some form in the upper house.Protests against Milei's reforms have taken place outside the congressional building, with clashes between demonstrators and riot police. The bill encompasses various reforms, including economic policies and the privatization of state entities. Milei aims to address Argentina's economic crisis, marked by high inflation, limited foreign currency reserves, and mounting debt repayments.
During the debate in the lower chamber, the main center-left opposition bloc vehemently opposed Milei's policies, while supporters urged them not to obstruct the bill. Despite his party's limited seats, Milei garnered enough support from allies, including the main center-right coalition, to advance the bill.
Last week, Milei's government removed contentious spending reforms from the bill, a strategic move that bolstered its support. The legislation will now proceed to the Senate for further consideration.