Reported 7 months ago
President Javier Milei is facing a crucial Senate vote in Argentina for his reform package, with the most significant fiscal measures meeting strong opposition. The reform plan might pass in a general vote after weeks of negotiations, but the true challenge lies in getting each measure ratified. If approved with modifications, the bills will return to the lower house. Milei's party holds just seven of 72 Senate seats, while the opposition Peronists need four more votes to reject key measures like income tax reintroduction and privatizations. The package also includes provisions to balance the budget and combat high inflation, with support needed from both houses for effective implementation.
Source: YAHOO