Argentina lawmakers have approved Milei's sweeping reform bill but much negotiating remains

Source: Associated Press

Argentina lawmakers have approved Milei’s sweeping reform bill but much negotiating remains

Updated 6:31 PM EST, February 2, 2024

BUENOS AIRES, Argentina (AP) — Argentina’s Chamber of Deputies on Friday approved in general terms a reform bill proposed by libertarian President Javier Milei to deregulate the economy, overcoming a hurdle for the sweeping initiative after three days of heated debate.

But the fine print of the omnibus bill’s more than 300 articles, including economic, administrative, criminal and environmental changes, is still subject to negotiations in the lower house. The initiative must also be approved by the Senate.

On Friday, lower house lawmakers approved Milei’s initiative with 144 votes in favor and 109 against. The house goes into recess until Tuesday, when the deputies will begin negotiating the individual articles in the bill.

Milei thanked opposition leaders who supported the initiative, saying “they understood the historical context and chose to end the privileges of the caste and the corporate republic, in favor of the people, who have been impoverished and are hungry.”

-snip-

Read more: https://apnews.com/article/argentina-milei-reforms-chamber-deputies-libertarian-bdf04cc55e9bdcc1f5a4f2ba90b8ecf7