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Javier Milei has been in office for one year having taken over an economy on the brink of collapse. Milei managed to cut the monthly inflation rate from 26 per cent before he took office to 2.7 per cent in October. The Argentine peso has strengthened significantly against the black-market dollar over the past six months and Argentina’s sovereign bond prices have roughly tripled.
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Further Reading:
FT – Has Javier Milei proved his critics wrong? https://www.ft.com/content/35b444a1-608c-48b5-a991-01f2ac3362be
The Economist – The making of an economic miracle? https://www.economist.com/the-world-ahead/2024/11/20/argentina-the-making-of-an-economic-miracle
Javier Milei’s Argentina in 6 Charts: https://news.gallup.com/poll/654089/javier-milei-argentina-charts.aspx
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