Argentina's President Javier Milei is pushing forward with significant economic and social reforms. Following a recent win in Congress, Milei's administration is targeting a shift in monetary policy, with Treasury notes set to become the primary tool. This move is part of the second phase of Milei's economic plan, aimed at stabilizing the country's economy. Additionally, Milei has introduced a controversial bill to lower the age of criminal responsibility to 13, arguing it will reduce crime and end impunity. The reforms have sparked significant public reaction, with thousands rallying in Buenos Aires against the economic changes. Despite the opposition, Milei's reforms have seen some support, with 60% of the population backing his initiatives. Real wages are reportedly climbing, contributing to an orderly macroeconomy and liquidated inflation. Markets have responded positively, with some analysts predicting a V-shaped recovery for Argentina, although the country remains in economic distress.
Markets have celebrated Javier Milei’s reform bills. The president is saying a V-shaped recovery is just around the corner for Argentina—for now the country remains in deep economic pain https://t.co/3tFm5ndbWj 👇
60% of Argentina’s 🇦🇷 population wants Milei to continue with these profound reforms. https://t.co/EQLztezemG
Argentina's lawmakers just codified many of @jmilei's massive executive reforms. https://t.co/uehiaWmVLd
Javier Milei | waking up lions https://t.co/bfKspKy2mZ
The Milei Effect on inflation and exchange rates in Argentina (via @TheEconomist) https://t.co/mVYXJwkkD7
Argentina’s 🇦🇷 Government reaffirms its commitment to life, freedom and private property: A new law has been submitted to change the Juvenile Penal Code, where the age of imputability will be 13 years and older. https://t.co/dQwmlPAiCc
My man @JMilei is turning Argentina around. https://t.co/A3gZpIQtfm
In Milei’s Argentina 🇦🇷, real wages continue to climb into recovery according to different measures with an orderly macroeconomy. In a few months we will be at the average of 2023 with an orderly macro and liquidated inflation. https://t.co/DAJuXIw8Zb
🚨🇦🇷MILEI TO PROPOSE LOWERING AGE OF CRIMINAL RESPONSIBILITY TO 13 “This bill is meant to end impunity. It’s important that young people have opportunities, but the main opportunity is to live in a community with a low level of crime.” Source: @visegrad24 https://t.co/PwEj4eIza8
Javier Milei’s administration embarks on what it calls the second phase of its economic plan, announcing that Treasury notes will serve as Argentina’s primary monetary policy tool, @simauchi_ @manuelatobiasm report https://t.co/i03DdcAGrv
BREAKING: Javier Milei will introduce a law proposal lowering the age of criminal responsibility to 13 “This bill is meant to end impunity. It’s important that young people have opportunities, but the main opportunity is to live in a community that has a low level of crime” 🇦🇷 https://t.co/KS1dl0Wijh
Milei update https://t.co/AMkK6kOoQV
Thousands took to the streets of Argentina's capital to rally against President Javier Milei's economic reform as Congress gathered to debate the bill. https://t.co/BFsXzSJr1e
Argentina's Milei targets monetary policy shift after reform bill win https://t.co/KpJvaSpakI https://t.co/38E5hpoBDe