Economists Warn Milei's Economic Plan Exhausted as Activity Stagnates
Published 2 d ago5 sourcesEvidence: Reported
Argentina's deepening recession is eroding support for President Milei's reform agenda, with Interior Minister Bullrich advancing a personal project, the Pro party expressing displeasure, and provincial governors stalling dialogue. The president remains unyielding, but growing doubts among allies about the timing of corrections signal a potential political realignment.
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President Milei's economic adjustment plan is showing signs of exhaustion, characterized by stagnant activity, falling consumption, and deteriorating employment, as confirmed by government admissions of persistent inflation pressures through year-end. This economic downturn is eroding legislative support and contributing to declining approval ratings, signaling increased political instability. The long-term sustainability of the current policy trajectory and its social costs remain key uncertainties.
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