The fightback against Javier Milei’s radical reforms has begun
Argentina’s powerful trade unions are preparing to strike on January 24th
Javier Milei has wasted no time. Forty-eight hours after taking office on December 10th his economy minister, Luis Caputo, a former banker, unveiled measures to cut public spending by 3% of GDP. He devalued the peso, pledged to slash subsidies, and eliminated nine of 18 government ministries. One week later Mr Milei decreed that state-owned companies could be privatised, price controls eliminated and labour laws reformed.
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This article appeared in the The Americas section of the print edition under the headline “Resisting Mr Milei”
From the January 20th 2024 edition
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