Milei’s Bold Decree Teeters as Argentina Provinces Resist

  • Opposition may have enough votes to overturn reforms in Senate
  • Regular sessions kick off after presidential address Friday
Javier Milei speaks at the Conservative Political Action Conference in National Harbor, Maryland on Feb. 24.Source: Bloomberg
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Growing opposition to President Javier Milei’s sweeping decree in the Senate puts it at risk of being overturned as regular sessions get underway next week, jeopardizing his initial dose of economic shock therapy.

Nine moderate lawmakers mostly from southern provinces sent a letter Friday requesting that senators discuss Milei’s sweeping deregulation plan, on the heels of an escalating dispute over the transfer of funds to Argentine provinces. Alongside the Peronist bloc, which holds 33 seats, the signatories have enough votes to overturn the decree with a simple majority.