Milei Launches Second-Half Agenda, Pledging 90 Reforms and U.S. Strategic Alliance

Overview

• In a nearly two-hour address opening the legislative year, Javier Milei said he will submit reforms across the economy, taxation, the penal code, the electoral system, education, justice and defense.
• Congress approved a labor “modernization” that reduces severance, permits in‑kind wage payments and limits strikes, passing despite union resistance after Milei’s bloc expanded with about 40% in the October vote.
• Positioning Argentina closer to the United States and Israel, Milei hailed a recent U.S.-Israeli operation against Iran and reiterated accusations over Tehran’s role in the 1994 AMIA bombing.
• He cast the South Atlantic as a future strategic arena and highlighted Argentina’s critical minerals and energy resources as pillars of his foreign and economic strategy.
• Official data cited show inflation down to 31.5% in 2025 with two straight fiscal surpluses and 4.4% GDP growth led by agriculture and finance, while unions report more than 21,000 company closures and roughly 300,000 jobs lost over two years.