The president of Argentina, Javier Milei, asked parliamentarians from the so-called “moderate opposition” this Monday (27) to support his reform agenda during the next two years of his term.
The statement comes after the president’s party won the mid-term legislative elections, causing local markets to soar.
Milei’s La Libertad Avanza party won 40.68% of the vote, compared to 31.69% for the Peronist coalition, according to official results. The president said that the most important thing now is the approval of the reforms.
“The worst is over. I’m going to get the votes I’m missing [no Congresso] to implement these reforms”, highlighted Milei to local television channel A24, referring to possible alliances with parliamentarians and governors.
social security and taxes after strengthening the presence of his bloc in a Congress previously dominated by the opposition.
reaching 1,355 per dollar at the start of trading this Monday. The country’s main stock index, the S&P Merval, jumped almost 20%.
Milei confirmed that he will make changes to his cabinet, many of which are “forced”, but noted that he has time until the new parliamentarians take office on December 10th.
Argentine Security Minister Patricia Bullrich won a seat in the Senate; the Minister of Defense, Luis Petri, was elected to the Chamber of Deputies; and the Presidency spokesperson, Manuel Adorni, will act as a parliamentarian in the city of Buenos Aires.
“I have to form the new cabinet to negotiate and approve the laws that I committed to with the Argentine people”, acknowledged Milei.
