News of ley omnibus

After triumph in Congress, Milei faces challenge of governing

03-07-2024 15:49 Following approval of his ‘Ley de Bases’ reform push, experts say President Javier Milei is now entering a new phase in which the population will demand results.

POLITICS & ECONOMY

President Milei hails ‘historic’ approval of his economic reform package

28-06-2024 14:22 President Javier Milei celebrates "historic" and "monumental" approval of his sweeping reform package by Congress.

Congress & Politics

Milei celebrates as Congress signs off on ‘Ley de Bases’ reform package

28-06-2024 09:31 Milei secures first legislative victory since taking office more than six months ago; Lawmakers in lower house back revised 'Ley de Bases' package with 147 votes in favour, 107 against and 2 abstentions. Bids to privatise Aerolíneas Argentinas, Correo Argentino and state media outlets left off bill, though income tax will be reinstated.

Congress & Politics

Milei wins approval for bold economic reforms in Argentina

28-06-2024 09:22 Argentina’s Congress approves President Javier Milei’s signature pro-business reforms, marking an inflection point for the outsider to govern with a hostile political class he continues to rail against.

CONGRESS & POLITICS

Milei’s reforms set to cross finish line in Congress

27-06-2024 19:26 President on the cusp of clinching his biggest political victory since taking office, with lawmakers likely to give final approval to two key proposals.

Congress & Politics

Congress set for final showdown on Milei's sweeping reform package

27-06-2024 12:01 Session scheduled to begin at midday and signs indicate the Milei government will secure its first legislative victory since taking office more than six months ago.

POLITICS & ECONOMY

Congress win pressures Milei to deliver on economic promises

21-06-2024 06:12 Javier Milei’s win in Congress has started the clock ticking. Argentina’s president needs achievements to convince a society that is impatient for economic change that better times are around the corner.

POLITICS & CONGRESS

Milei one step closer to ‘superpowers’ after Senate approval

20-06-2024 09:33 Argentina’s Senate last week approved the article permitting President Milei to co-legislate in a broader and less defined sense than granted to any of his predecessors. What the “superpowers” to legislate are and what the prerogatives delegated by Congress imply.

by Cecilia Degl'Innocenti

POLITICS & ECONOMY

Milei looks to keep winning streak alive in crucial IMF meeting

13-06-2024 20:03 President Milei will walk into a meeting with the head of the International Monetary Fund Friday emboldened by the most successful series of wins since he took office six months ago.

CONGRESS & POLITICS

Senate approves RIGI, privatisations, delegation of powers

13-06-2024 19:43 Key articles, including most controversial, ended up being approved in the Senate. Capital whitewash and the moratorium for tax arrears passed unanimously but government unable to gain support for restoration of income tax or reform of levies on personal assets.

MARKET REACTION

Traders cheer on Argentina as Milei win underpins austerity push

13-06-2024 15:30 Investors welcome congressional approval of President Javier Milei’s 'omnibus' bill.

Congress & Politics

Milei's 'Ley de Bases' bill clears Senate as VP casts decisive vote

12-06-2024 23:24 Senate gives general approval to President Milei's 'Ley de Bases' mega-reform bill after fresh round of amendments.

Congress & Politics

Senate begins debate on Milei’s ‘Ley de Bases’ mega-reform bill

12-06-2024 12:15 Senators open debate on President Javier Milei's flagship 'Ley de Bases' reform bill as demonstrations begin outside Congress.

Congress & Politics

Senate poses fresh challenge to Milei’s reform bills

05-06-2024 23:26 Opposition senators are pulling together the votes to reject bids to reintroduce income taxes, expand powers and privatise state-owned companies.

CONGRESS & POLITICS

Milei’s flagship reforms head for Senate vote

30-05-2024 16:50 Vice-President Victoria Villarruel and new Cabinet Chief Guillermo Francos secure signatures, allowing 'Ley de Bases' to clear committee stage in Senate.

CONGRESS & POLITICS

Argentina bonds climb as Milei deregulation plan moves forward

30-05-2024 14:02 Members of Senate general, budget and constitutional committees approve sending the so-called 'omnibus' bill to all senators.

Congress & Politics

Milei’s sweeping deregulation plan passes first Senate hurdle

30-05-2024 09:53 Lawmakers reach consensus with 'Ley de Bases' bill moving to a Senate floor vote, which by law is at least a week away.

ANALYSING ARGENTINA

Elon Musk meets José Mayans

11-05-2024 06:27 RIGI is the most beneficial regime ever created in the country for foreign investors and it is causing a divide among foreign and local businesses.

by Marcelo J. García

CONGRESS & POLITICS

Government gears up for ‘omnibus’ Senate showdown

08-05-2024 21:33 Make-or-break vote on sweeping reform bill likely to take place next week; Numbers look challenging for La Libertad Avanza, which will need support of allies to secure passage.

EDITORIAL

Loading the bases

04-05-2024 05:43 With a government yet to complete its first 150 days and Senate passage of Milei’s mega-law still lying ahead, we are not even at the end of the beginning.

POLITICS – ANALYSIS

Milei’s calculated risks

04-05-2024 05:27 It’s not the first time Milei has decided to play ball and look for support beyond the tight borders of his La Libertad Avanza coalition. It shouldn’t be read purely as a strategic change – rather a tactical manoeuvre.

by Agustino Fontevecchia

OPINION & ANALYSIS

Milei finally discovers politics

01-05-2024 22:33 President Milei appealed to dialogue and negotiation and obtained his first parliamentary triumph with the approval of his ‘Ley de Bases’ bill and accompanying fiscal package. The head of state has to persuade people of his ability to govern while in a minority. He is being watched by audiences in Washington and Beijing.

by Walter Curia

CONGRESS & POLITICS

Milei wins key lower house support for Argentina’s reforms

30-04-2024 13:25 Lawmakers approve expanded executive powers on administrative, financial, economic and energy matters, as well as the ability to dissolve dozens of special-purpose federal government funds.

Congress & Politics

Milei’s omnibus bill wins general approval in lower house

30-04-2024 09:24 Lower house Chamber of Deputies approves Milei's flagship reform bill in general with 142 votes in favour, 106 against and five abstentions; Lawmakers will now begin voting on key points, as well as accompanying fiscal package.

BLOOMBERG – ANALYSIS

Milei seeks second chance from Congress with scaled-back reform

10-04-2024 14:53 Government is circulating trimmed down draft version of its sweeping reform bill to lawmakers as Milei seeks to overhaul economy.

POLITICS & ECONOMY

Juntos por el Cambio governors to back ‘omnibus’ bill, fiscal package

04-04-2024 21:35 Interior Minister Guillermo Francos and Cabinet Chief Nicolás Posse lead talks over the so-called ‘Ley de Bases,’ potentially brokering a deal to see its passage through Congress.