Argentine President Javier Milei’s party, La Libertad Avanza (LLA), won the mid-term legislative elections on Sunday, announced the head of the cabinet of ministers, Guillermo Francos.
Argentina voted on Sunday in the mid-term legislative elections, which were decisive for the ultra-liberal Milei, in order to guarantee room for maneuver and the ability to reform and deregulate a still fragile economy during his remaining two years as head of state. According to the most recent figures, with 98.93% of the votes counted, the LLA won the elections with 40.68% and obtained a wide margin over the Peronist Fuerza Patria and its allies, with 31.69%.
La Libertad Avanza supporters celebrate as they watch the broadcast of Argentine President Javier Milei’s speech outside the La Libertad Avanza bunker following the mid-term elections
Tobias Skarlovnik
Central America
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The Argentine president celebrated the victory with voters: “During the next two years, we must advance the reformist path we have started”said the far-right leader, stressing that the projects he will promote are necessary to “consolidate Argentina’s growth and start-up”.
“From December 10th, we will have, without a doubt, the most reformist Congress in the history of Argentina”, he added radiantly before the group of supporters who accompanied him at the LLA facilities in Buenos Aires, and considered that the Government is now beginning “the construction of a great Argentina”.
“We will not only defend the reforms that have already been made, but we will also promote the reforms that are still missing”added the President, who before the elections anticipated the desire to move forward with important reforms, mainly in the labor and tax areas, as part of an adjustment plan.
“Today [domingo] It was clearly a historic day for Argentina”said Milei, who celebrated the fact that a significant part of the population has chosen to “persist on the path of freedom, progress and growth”.
These mid-term legislative elections are crucial for Milei, who is now guaranteed to strengthen the parliamentary base (so far with 15% of deputies, 10% of senators) and thus increase the capacity to reform and deregulate a fragile economy in full financial turmoil.
Javier Milei estimated that obtaining a third of the seats, in a parliament where none of the chambers has an absolute majority, would be a “good number”, a threshold that would give him would allow, in particular, to impose presidential vetoes on parliamentarians.
According to the news agency France-Presse (AFP), several analysts estimate that, regardless of the outcome of the elections, Javier Milei “it will have to make a pragmatic turn.” “Regain the negotiating capacity that allowed him to pass laws” at the beginning of the mandate, said political scientist Lara Goyburu, cited by AFP.
Since 2023, the head of state has legislated a lot through decrees or specific legislative agreements in the hemicycle. But in recent months it has been increasingly harmed by a parliament irritated by the rigidity that the leader demonstrates and even by the insults he hurls: “rats’ nest” and “degenerates” are some examples.
The moderate opposition, sectors of the Argentine productive economy and also international donors, such as the International Monetary Fund, insistently asked the executive to “strengthen political and social support” for its reforms.
Among the reforms foreseen by Javier Milei until 2027 are tax reforms, flexibility in the labor market and the social protection system.
Javier Milei enters the elections with the merit of having controlled inflation, from more than 200% to 31.8% year-on-year, and having achieved an unprecedented budget balance in 14 years, wrote AFP.
But the “largest budget adjustment in history” — as he likes to repeat — resulted in the loss of more than 200 thousand jobs, in anemic activity, with a contraction of 1.8% in 2024, and a recovery in 2025, which is losing strength.
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