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Home / World / Argentinians Reflect on One Year Under President Milei's Rule

Argentinians Reflect on One Year Under President Milei's Rule

Argentinians Reflect on One Year Under President Milei's Rule
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World December 10, 2024 15:40

buenos aires - Argentinians look back at a year under the leadership of their new eccentric president, Javier Milei, and share mixed feelings about the changes in the country.

Argentina chose a new president last October amidst severe inflation rates, which were a key concern for many citizens. Shop owner Alfredo Dupré, who struggled with stress due to economic crisis, reflects on the past year and acknowledges some improvement in recent months. Retiree Horacio Grillo also notes a slight decrease in price hikes since earlier in the year. However, the economic challenges persist for many Argentinians, with over half of the population now living below the poverty line.

The 54-year-old libertarian economist, Javier Milei, took office promising to tackle the high inflation by cutting government spending and deregulating the market. While some of his campaign promises have been fulfilled, such as reducing the monthly inflation rate, others like abolishing the Central Bank and making the US Dollar the official currency remain unfulfilled.

Despite facing financial hardships, some individuals have managed to cope through unexpected windfalls. Looking ahead, opinions on Milei's presidency remain divided, with some expressing optimism for the future while others remain skeptical about the government's economic policies.

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