Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Israeli media: The Israeli army detected a missile launch from Yemen
Al Mayadeen's correspondent from Revolution Square in Tehran: Processions from Bahrain, Iraq, and other Arab nations are in attendance
Iranians gather at Tehran’s Revolution Square for the funeral of martyrs of Israeli aggression
Maduro: I call on the Jews to stop the war madness practiced by the Zionist regime led by Netanyahu
Maduro: Every day, 100 people are killed in Palestine, and the West is watching and is complicit
Iran's representative to the United Nations, in a letter to Guterres and the Security Council: The threat of America and the Zionist entity to assassinate the Supreme Leader is state terrorism.
Washington to the Security Council: The goal was to destroy Iran's uranium enrichment capacity and prevent the threat of Tehran obtaining and using a nuclear weapon
Lebanese Health Ministry: 1 woman martyred, 11 wounded in Israeli strike on residential apartment in Nabatieh, South Lebanon.
Al Mayadeen's correspondent: Four civilians injured in Israeli strike that targeted house in Nabatieh al-Fawqa, South Lebanon.
Al Mayadeen's correspondent in South Lebanon: Israeli warplanes launch strikes on regions of al-Mahmoudiyah, al-Khardali

Milei plans to force through radical economic reforms

  • By Al Mayadeen English
  • Source: News websites
  • 27 Dec 2023 15:46
3 Min Read

Lawmakers in Argentina who oppose the proposed changes by the president could face pressure through a plebiscite.

  • x
  • Argentinian president, Javier Milei, undated. (AFP)
    Newly inaugurated Argentine President Javier Miler, undated. (AFP)

The newly inaugurated Argentine President, Javier Milei, is actively challenging the National Congress, and may exert influence on the legislature by conducting public votes on policy proposals, as reported by La Nacion on Wednesday.

Concerning a significant economic reform presented by his cabinet earlier this month, Milei conveyed to La Nacion, "If the Congress rejects it, I would propose a plebiscite and ask them to clarify why they oppose the will of the people."

What does the proposal include?

The proposed legislation encompasses various measures, including the imposition of a two-year state of emergency, the deregulation of the economy, the privatization of state property, and adjustments to the national healthcare system, among other changes.

Related News

Netanyahu, Argentina's Milei storm Al Aqsa, perfom Talmudic rituals

Argentina to relocate embassy to occupied al-Quds by 2026, Milei says

Under Argentine law, there are provisions for both binding and non-binding referendums, referred to as "public consultations." However, only the National Congress holds the authority to initiate a binding referendum. If a non-binding proposal from the executive branch is approved through a plebiscite, the parliament is obligated to consider it.

"They cannot accept that they lost, that the population chose something else," Milei said of the opposition in the National Congress. He claimed some lawmakers were "seeking bribes," but did not provide details to back up the allegation.

Milei, a libertarian economist and former Member of Parliament, emerged as an unexpected contender in Argentina's presidential election last month. He secured victory with a commitment to spur economic growth through bold public spending reductions and liberalization. Faced with soaring inflation in Argentina, Milei has pledged to tackle the issue through what he terms "shock therapy."

'Deregulation of economy'

Milei revealed a series of measures to deregulate the country's struggling economy, eliminating or changing more than 300 regulations via presidential decree, including on rent and labor practices.

In a televised speech from the presidential palace, flanked by his cabinet, he explained that "the goal is to start along the path to rebuilding the country... and start to undo the huge number of regulations that have held back and prevented economic growth."

When he took office, Milei vowed to dollarize the Argentinian economy and has been compared to former US President Donald Trump and former Brazilian President Jair Bolsonaro.

He has also been a stark advocate of a friendly foreign policy with the US and "Israel" as well as anti-BRICS sentiments, opting for involvement in the South American trade bloc. 

  • Argentina
  • Javier Milei

Most Read

Iranian President Masoud Pezeshkian attends a protest following the US attacks on nuclear sites in Iran, in Tehran, Iran, Sunday, June 22, 2025. (AP)

Iran declares victory as ceasefire forces Israeli retreat

  • Politics
  • 24 Jun 2025
Israeli workers survey the site where a missile launched from Iran struck in Haifa on Sunday, June 22, 2025. (AP)

True Promise 3, wave 20: 40 missiles launched, Kheibar-Shekan in first

  • Politics
  • 22 Jun 2025
Iran launches strikes on Israeli targets, despite alleged ceasefire

Iran victorious as ceasefire with 'Israel' takes effect

  • Politics
  • 24 Jun 2025
Iranian worshippers carry their country's flags in a protest to condemn Israeli attacks on multiple cities across Iran, after the Friday prayers ceremony in Tehran, Iran, Friday, June 20, 2025. (AP)

Iran warns of NPT withdrawal, Strait of Hormuz closure after US attack

  • Politics
  • 22 Jun 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Israeli occupation soldiers search for settlers amid the rubble of buildings destroyed by an Iranian missile strike in Bat Yam, central occupied Palestine, on Sunday, June 15, 2025 (AP)
Politics

Iran missile strike flattens Bat Yam, displaces 2,000 settlers

Palestinian fighters from the Islamic Jihad militant group riding on a truck with weaponry on display take part in an anti-Israel parade marking the 36th anniversary of the movement's founding, in Gaza City, Wednesday, Oct. 4, 2023 (AP)
Politics

Palestinian Resistance attacks Israeli forces in Khan Younis, Jabalia

Iranian Foreign Minister Abbas Araghchi stands waiting to meet Russian President Vladimir Putin for the talks at the Kremlin in Moscow, Russia, Monday, June 23, 2025 (AP)
Politics

Iran suspends IAEA cooperation, Araghchi blames Grossi for attacks

The commander of the Quds Force's Palestine Unit, Brigadier General Mohammad Said Izadi (Illustrated by Mahdi Rtail for Al Mayadeen English)
Politics

Who was Mohammad Said Izadi, head of the Quds Force's Palestine Unit?

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS