Reported 6 months ago
Argentina's President Javier Milei is facing opposition from the Senate in passing his market-friendly reform package, with key fiscal chapters at risk of being rejected in an upcoming vote. The opposition is aiming to reject reintroducing income taxes, expanding executive powers, and privatizing state-owned companies, leading to challenges in passing the bill. Argentina's markets have been affected as the bill faces unexpected obstacles, with the potential for Milei's party to struggle to gather enough votes for approval.
Source: YAHOO