News of omnibus law

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.

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.

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 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

Argentina is disregarding state's role in attracting investment

11-05-2024 17:33 The spirit of incentives for big investment contemplated in Javier Milei's REGI investment scheme reflects the end of industrialisation, the promotion of extractivism and stricter foreign restrictions.

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

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

Lower house opens debate on Milei's 'omnibus' reform package

29-04-2024 14:59 Chamber of Deputies opens debate on President Javier Milei's 'omnibus' reform package; Session expected to stretch into Tuesday and last at least 30 hours.

POLITICS

Group of Unión por la Patria deputies to back Milei’s Omnibus bill

17-04-2024 16:40 "Yes to the law, no to the Emergency Decree." Sources in Peronist caucus say some deputies – who will not make their stance public for now – will back President Milei’s reform bill in Congress.

by Ramón Indart

POLITICS

New ‘Omnibus’ bill draft circulates, CGT calls another strike

11-04-2024 17:21 After negotiations, Milei administration settles on abridged version of sweeping 'Omnibus' bill; New 182-page text has 12 chapters and 279 articles; Government ramps up negotations in bid to avoid another congressional defeat.

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 & 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 & CONGRESS

Government circulates new text of omnibus bill to governors

14-03-2024 16:54 Government circulates new text of sweeping reform bill – now slashed by half to 269 articles – to provincial leaders in bid to win support before it heads to Congress.