You can help expand this article with text translated from the corresponding article in Spanish. (December 2023) Click [show] for important translation instructions.
View a machine-translated version of the Spanish article.
Machine translation, like DeepL or Google Translate, is a useful starting point for translations, but translators must revise errors as necessary and confirm that the translation is accurate, rather than simply copy-pasting machine-translated text into the English Wikipedia.
Consider adding a topic to this template: there are already 1,070 articles in the main category, and specifying|topic= will aid in categorization.
Do not translate text that appears unreliable or low-quality. If possible, verify the text with references provided in the foreign-language article.
You must provide copyright attribution in the edit summary accompanying your translation by providing an interlanguage link to the source of your translation. A model attribution edit summary is Content in this edit is translated from the existing Spanish Wikipedia article at [[:es:Presidencia de Javier Milei]]; see its history for attribution.
You may also add the template {{Translated|es|Presidencia de Javier Milei}} to the talk page.
For the runoff, Milei was endorsed by former president Mauricio Macri and third-place candidate Patricia Bullrich, both members of the Juntos por el Cambio coalition.[7][8] Milei remained technically tied in polls with Massa but emerged the victor on 19 November by 10 points in a rejection of the establishment Peronists.[9] His victory was likened to that of Donald Trump in the United States and Jair Bolsonaro's in Brazil.[10][11]
Milei was inaugurated on 10 December 2023. He delivered a speech to the Argentine nation,[12][13] warning of an economic shock, which has been described as shock therapy in economic terms, to be used as a means to fix Argentina's economic woes,[14][15][16] with inflation rising to 200 percent.[17] Following the inauguration, Milei saw his popularity increase in public opinion. After the first governmental and economic reforms taken by the president and his ministers, 53% of the Argentine people had a very good or good image of the new head of state according to a popularity poll made by Aresco on 15 December.[18]
Milei's cabinet took office on 10 December 2023. After the remaining officials from Alberto Fernández's presidency resigned, Milei began his nominations for those responsible for the existing portfolios. His cabinet mostly included ministers from La Libertad Avanza and Juntos por el Cambio.[20][21][22]
This article needs to be updated. The reason given is: Needs events post-January. Please help update this article to reflect recent events or newly available information.(March 2024)
On 21 December 2023, Milei announced a large decree that become known in the media as "Megadecreto", a plan to modify a wide variety of economic regulations regarding the Argentinian economy. In a statement saying that he aims to lay "the foundations for the reconstruction of the Argentine economy and restore freedom and autonomy to individuals, removing the State from their shoulders",[27] more than 300 regulations were set aside, including significant rent and labor market regulations.[28] The decree is subject to approval by Congress, which was called for an extraordinary session to be held in the first months of 2024.[29]
The Milei government said it would not renew contracts for the more than 5000 public sector employees who were hired in 2023, while contracts for other government employees hired prior to 2023 will be reviewed. "The 2023 cutoff is apparently meant to target the practice of outgoing presidents padding the payrolls in their final year."[30] Annual inflation in Argentina surpassed 211% in 2023.[31] Since his inauguration monthly inflation has come down from 25% in December to 8.8% in April, more than expected,[32][33][34] further dropping to 2.7% in October, the lowest it had been in three years.[35][36]
On 10 January 2024, the IMF agreed to restart payouts to the Argentine treasury. Trade unions in Argentina have opposed Milei's policies, and the CGT called for a general strike on 24 January 2024. Milei has aimed to build up the central bank's foreign-exchange reserves by raising import and export taxes.[37]
On 10 December, economist and economics academic Diana Mondino was formally appointed as Minister of Foreign Affairs, International Trade and Worship.[39]
Milei's government decided to suspend diplomatic relations with Cuba, Nicaragua, and Venezuela. After his inauguration, Milei ordered that Argentina would not send ambassadors to any of those three countries, which Milei has previously labelled as dictatorships.[40] Relations with Venezuela have deteriorated rapidly under the presidency of Milei with the Argentine Embassy in Venezuela twice falling under siege during the Venezuelan post-electoral crisis.
In January 2024, Argentina offered military assistance to Ecuador in its conflict with organized crime. On 13 January, Ecuadorian president Daniel Noboa accepted Argentina's (and the US's) military aid.[41]
On 25 January 2024, Colombia summoned its ambassador in Argentina to protest recent comments by Javier Milei, where Milei called Colombian president Gustavo Petro a "murderous communist who is sinking Colombia."[42] The Colombian ambassador labelled Milei as a "hypocrite" and condemned his comments.[43]
Durings his tenure, Milei has had two non-official visits to Spain and one to Chile.[44][45] In these visits where he participated in private events, he took occasion to criticize the Prime Minister of Spain Pedro Sánchez and the President of Chile Gabriel Boric.[44][45]
During the campaign for the 2023 elections said that he would not make deals with China, because of his rejection to communism and his support to freedom and democracy. However, once in government there were no diplomatic conflicts with China. The renewal of the swaps, the soy trade, the joint building of the Jorge Cepernic and Néstor Kirchner dams, and the negotiations with the IMF led to cordial relations between both countries.[46]
Milei's Foreign Minister, Diana Mondino, confirmed that Argentina rejected its invitation to join the BRICS group of nations, and that the country had instead chosen to sign its membership request to OECD.[47] China did not like this rejection.
On 14 January 2024, on the occasion of the hundredth day of war between Israel and Hamas, Milei expressed solidarity with the government and people of Israel, further adding that Argentina "endorses Israel's right to legitimate defense."[49]
In June 2024, Milei received the ILAN Award for Political Innovation, presented by Isaac Assa, president of the Israel Latin American Network (ILAN).[51][52]
Milei met with Ukrainian president Volodymyr Zelenskyy in Buenos Aires on 10 December 2023. On 16 December, Milei's government announced through the Air Force, that it would donate two Russian-made Mil Mi-17 military helicopters to Ukraine.[53]
Despite relatively high approval ratings during his early tenure, his ratings began to fall sharply in September 2024, with a report from Torcuato di Tella University reporting that a 55.2% of the population has a neutral to negative opinion on the administration[56][57]