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In the first 100 days of Javier Milei's presidency in Argentina, significant economic reforms have been initiated, including tax cuts, pension reform, and large-scale cost reductions at state-owned enterprises. These measures are part of Milei's Pacto de Mayo, aimed at reshaping Argentina's economy and balancing the budget. Despite facing political challenges and resistance from Congress, unions, and state employees, Milei's administration has seen early signs of market confidence. A small group of savvy investors made 20% gains in Argentina’s record $50 billion local debt swap. Argentina's dollar-denominated bonds have surged to record highs, with the 2030 paper posting its highest-ever closing price at slightly above 51 cents, indicating optimism among investors. However, Milei's failure to fulfill his promise of dollarization, which remains the ultimate goal, has been criticized. The administration's efforts are seen as a bold attempt to challenge traditional politics and enact deep reform, but Milei's confrontational stance towards the establishment may hinder his ability to secure the necessary support for his ambitious agenda.