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HomeLatin AmericaArgentina's President-Elect Wants to Privatize State-Owned Media, Public Companies

Balanced News: Argentina’s President-Elect Wants to Privatize State-Owned Media, Public Companies

Our 'quick read' news summary

Argentina’s president-elect, libertarian economist Javier Milei, plans to privatize state-owned media outlets and other public companies as part of his strategy to shake up the country’s economy. However, experts have raised doubts about his ability to implement these changes without the support of Argentina’s National Congress. Milei also intends to reduce the size of the government, decrease inflation, and potentially close the Central Bank of Argentina. While his party holds a relatively small share of seats in Congress, his resounding election victory could give him leverage in implementing his policies.

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