Reported 12 months ago
Argentina's Congress approved President Javier Milei's pro-business reforms, including the Ley de Bases bill and the return of income taxes, in a significant legislative victory. Milei's libertarian party's limited presence in the lower house did not hinder the approval, sending a positive message to investors about the country's economic direction. The approved reforms aim to boost government revenues, deregulate the economy, and support foreign investments across key sectors, signaling a step towards reviving Argentina's struggling economy. Despite challenges and opposition, Milei's successful legislative win is seen as a positive development by analysts and investors.
Source: YAHOO