Argentina's Economy Stabilizes Amid Political Turmoil

Argentina's economy shows signs of recovery post-severe adjustments by President Javier Milei, amidst criticisms of his political alignments and judicial appointments. The country also experiences improvements in citizen security and inflation rates.


Argentina's Economy Stabilizes Amid Political Turmoil

The economy is stabilized and recovering after the harsh downturn caused by Javier Milei's adjustment. For 16 years, the country was governed by Kirchnerism, which led to a significant crisis. However, improvements have been observed in citizen security and a decrease in blockades, except in the Province of Buenos Aires. Milei managed to disaffiliate the country from unfavorable alliances and approached right-wing leaders before they assumed power.

Regarding foreign policy, questionable decisions have been made. On one hand, public gestures that affected the country's international image were made, such as giving a peculiar gift to Elon Musk. On the other hand, the abstention in the vote on Ukraine generated criticism and exposed some contradictions in the government's stance.

The most recent case that has generated controversy is the appointment of ministers for the Supreme Court, including Ariel Lijo and Manuel García Mansilla. These appointments have raised questions about transparency in governance and the legitimacy of the process. Despite these events, Milei's party's popularity remains unaffected ahead of the upcoming legislative elections in October.

These political decisions have had a negative impact on the perception of the country's legal stability, which could affect future investments. Despite the criticisms and controversies, the economy shows signs of recovery, and the reduction of inflation is highlighted, along with the favorable impact in the international arena.