Skip to main content

ES / EN

Milei's first 100 days in Argentina "are a real success", says The Economist
Wednesday, March 20, 2024 - 08:30
Milei Reuters

Despite his growing popularity, the newspaper assures that Argentines "are suffering deeply" and could remove their support much sooner, which would be a serious blow to the reforms he intends to promote, which are already facing resistance from some quarters at the legislative branch.

'The Economist' magazine has assured that the president of Argentina, Javier Milei, can boast of "true economic success" after his first 100 days leading the country as his popularity is growing, which would give him greater strength to revamp the Argentine economy.

Under the title 'After 100 brutal days, Javier Milei makes the markets believe', the article in 'The Economist' summarizes the first 100 days of Milei's government pointing out that although the country is in a delicate economic moment, the president has taken important steps to try to alleviate the situation.

Despite this growing popularity, the newspaper assures that Argentines "are suffering deeply" and could withdraw their much sooner, which would be a serious blow to the reforms he intends to promote, which are also receiving certain resistance at the legislative branch.

The magazine warns that Milei's first 100 days have been marked by serious problems and, "beyond the pain", the economic plan is plagued by uncertainties. They warn that the president needs successes in Congress to assure investors that he has enough allies to avoid, "or at least survive," future protests and political chaos.

Its success and destiny, according to the publication, will depend on two unknowns. One is "how much economic pain Argentines can take before turning against him" and the other is whether he can get the political support needed to make economic progress fast enough to keep everything from falling apart.

"For now the signs are moderately positive," maintains 'The Economist, despite pointing out that Milei is "politically vulnerable" due to his stance of "not (giving) a single millimeter to the opposition."

Autores

Europapress