Here Are Javier Milei’s Proposals for Argentina
- Presidential candidate has bold, possibly unfeasible proposals
- Scared investors triggered an 18% currency devaluation
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From ditching the struggling peso to eventually eliminating Argentina’s central bank, outsider presidential candidate Javier Milei has vowed to implement a series of bold — and perhaps unfeasible — measures to pull South America’s second-largest economy from the brink of a meltdown.
While some of his proposals have scared off investors, forcing the government to devalue the currency by 18%, his fiery rhetoric has resonated with many Argentines who gave him an unexpected win in Sunday’s primary vote. They say Argentina’s situation is so messy that it will take a leader as energetic as Milei to change it.