News of omnibus bill

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’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 & 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.

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

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.

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

POLITICS & CONGRESS

Milei's liberalisation reforms get a provisional green light

30-04-2024 14:28 Lawmakers approve in principle a swathe of liberalising reforms eyed by President Javier Milei in a rare legislative boost for his budget-slashing agenda.

CONGRESS & POLITICS

Omnibus bill backing opens door to privatisation of state firms, labour reform

30-04-2024 14:22 Lawmakers in lower house back key chapters of President Milei's reform bill, opening door to labour reform and the privatisation of state firms – provided Senate gives its backing.

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.

POLITICS

Omnibus bill heads to Congress, debate set for Monday or Tuesday

25-04-2024 16:35 After a day when at times it seems everything was falling apart, ultimately amendments made everyone happy. With the support of PRO and a sector of the Radicals and Hacemos Coalición Federal, La Libertad Avanza obtained 61 signatures.

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.

POLITICS & CONGRESS

Milei’s bold decree suffers major setback after repeal in Senate

14-03-2024 21:18 President's initial dose of shock therapy teeters on the edge of collapse after Senate defeats his sweeping executive decree.

POLITICS & CONGRESS

Blow for Milei as Senate rejects sweeping mega-reform decree

14-03-2024 20:31 President's sweeping deregulation DNU rejected by senators in upper house; Emergency deregulation decree now heads to lower house Chamber of Deputies, where it must also be voted down if it is to be repealed; Tensions reported between head of state and Victoria Villarruel, his vice-president.

POLITICS

Milei sends scaled-back 'omnibus' reform bill to governors

14-03-2024 14:54 So-called ‘omnibus bill’ — now containing 269 articles, less than half than the original version — excludes the privatisation of YPF while maintaining sell-off of Aerolíneas Argentinas SA.

POLITICS & CONGRESS

Milei won't resubmit reform plan to Congress until late 2025

29-02-2024 11:04 In an interview with British newspaper the 'Financial Times,' President Javier Milei says his sweeping 'omnibus bill' will be resubmitted to Congress – but not until December 2025

EDITORIAL

Who crashed the omnibus?

10-02-2024 06:47 The government must be considered the chief architect of the self-destruction of its megalomaniac omnibus bill.

POLITICS & COMMUNICATION

Milei’s frantic activity on social networks fuels political tension

09-02-2024 16:45 “Traitors” and “criminals” are just some of the words Javier Milei used to refer his critics and members of the opposition on social media this week.

BLOOMBERG – ANALYSIS

Argentina bonds slump as Milei reforms go back to square one

07-02-2024 10:12 Argentina bonds dropped in early trading after President Javier Milei’s reform package was sent back to square one in Congress.

Congress & Politics

Milei's economic reforms stall in Congress, bill returned to committee stage

06-02-2024 21:55 President Milei's ‘omnibus’ mega-reform bill dealt major setback lawmakers in Congress prevented it from advancing; Bill was promptly returned to committee stage for a rewrite.

Omnibus bill rejection

President slams provincial governors after Congress setback

06-02-2024 21:47 Milei, who is in Israel on his first bilateral trip abroad, vows to continue forward with his economic programme “with or without the political class that destroyed the country."

POLITICS & CONGRESS

Lower house of Congress approves Milei’s omnibus bill

02-02-2024 19:20 In a 144-109 vote, lawmakers passed President Milei’s first major piece of legislation after he made significant concessions. The bill could still be modified significantly, however.

EDITORIAL

An omnibus not for everybody

02-02-2024 14:46 Uncertainty is by no means limited to the final outcome of Javier Milei's bill in Congress.

POLITICS

Congress resumes omnibus bill debate after night of tempers and tension

02-02-2024 13:14 Lawmakers resume debate over Milei government’s omnibus bill as marathon session enters third day; Tempers now calm but security still heavy after night of police clashes with protesters and complaints in the chamber.

Congress & Politics

Police battle protesters outside Congress as omnibus bill debate extends to Friday

02-02-2024 08:54 Riot police fired rubber bullets and tear gas on Thursday to disperse protesters gathered outside Congress as lawmakers debated the Javier Milei's sweeping reform package.

Congress & Politics

Lawmakers debate President Milei's mega reform package

01-02-2024 00:39 Lawmakers are prepared for a marathon session, with an initial 35 hours of debate planned over several days, and 200 speeches.

CONGRESS

Key test for Milei as lower house opens debate on ‘Omnibus’ reform bill

31-01-2024 12:24 Ruling party obtains quorum and debate begins on President Milei’s sweeping ‘Omnibus’ mega-reform bill; Session expected to last at least 35 hours as libertarian leader faces first true legislative test in the lower house Chamber of Deputies; Government confident it has the numbers.

POLITICS

Government pushes back ‘Omnibus’ debate again, eyes Wednesday session

29-01-2024 16:59 Wednesday now looks to be ‘D-day’ for President Javier Milei’s government; Sources close to ruling party’s lower house caucus say they will expect debate to take at least 40 hours.

Congress & Politics

Government pulls key fiscal reforms from Omnibus bill to smooth passage

27-01-2024 11:03 Economy Minister Luis Caputo announces President Javier Milei's government will withdraw the fiscal chapter of its sweeping 'Omnibus bill' reform package to ease its passage through Congress.

Congress & Politics

Milei shelves austerity plan as Congress debates bill

27-01-2024 10:04 Main austerity measures in president's sweeping reform bill to be culled in order to get it through Congress, implying deeper spending cuts in the future.

Congress & Politics

Omnibus bill: Controversy over signing of committee majority opinion

25-01-2024 21:12 Majority opinion on controversial bill was fully backed by government deputies with partial dissidence from the moderate opposition. Legislation was due to reach house floor was on Thursday but Caputo’s bid was gridlocked by Pichetto and De Loredo.

Congress & Politics

Milei’s bill approved by congressional committees

23-01-2024 22:44 A vote on the floor of the lower house is expected for Thursday, one day after labour movements stage a national strike against Javier Milei’s austerity measures.

CINEMA & FILM

Milei backtracks on cinema cuts after protests spread abroad

23-01-2024 20:41 President Javier Milei’s plan to strip Argentina's film industry of public funding, along with other cultural areas, may be prompting the government to backtrack in part.

Congress & Politics

New version of 'Omnibus Bill' with amendments sent to Congress

23-01-2024 16:29 Point by point, the main changes to the Milei administration's 'Omnibus Law'; Government has eliminated over 100 articles after negotiations with opposition sectors as it battles for bill's approval in Congress.

Congress & Politics

Milei seeks to increase number of Argentines paying income tax

23-01-2024 13:33 Proposal that will be sent to Congress on Tuesday establishes that individuals making more than 1.3 million pesos (US$1,583) a month should by paying income tax.

BLOOMBERG – ANALYSIS

President gets pragmatic as hostile Congress forces him to negotiate

23-01-2024 12:08 For a leader who rose to Argentina’s top job by touting radical proposals and showing little willingness to negotiate with the country’s “political elite,” Javier Milei is turning into quite the pragmatist.

POLITICS

Instant democracy and turbo-politics in the age of Milei

13-01-2024 06:58 No-one can predict how long Javier Milei’s honeymoon period will last, but it does appear to be softening a bit.

by Agustino Fontevecchia

POLITICS – ANALYSIS

The ‘right plan,’ the ‘only plan,’ or ‘no plan’?

06-01-2024 07:33 Either Milei is a daredevil convinced he’ll make it out alive, he has no choice and is winging it, or he’s got a couple of cards up his sleeve that we’re not seeing.

by Agustino Fontevecchia

POLITICS & JUDICIARY

First judicial setbacks for Milei’s reform push

05-01-2024 00:58 Labour appeals court suspends key portions of mega-decree after legal challenges from top union groups, dealing president a setback.

REACTION TO REFORM PACKAGAE

Milei defends mega-decree plan in wake of pot-banging protests

21-12-2023 16:49 Javier Milei reiterates importance of his economic reform plan and says extraordinary sessions will be called in Congress to secure its approval. "I must warn you more is coming, you’ll soon find out," declares president.