Protests erupted in Argentina once again on Friday as Congress approved a comprehensive deregulatory bill, a crucial development for President Javier Milei, who identifies as a Libertarian. The bill, consisting of 300 articles, necessitates further voting, with ongoing debates anticipated in the Senate.
The proposed "Law of Bases and Starting Points for the Freedom of Argentines," commonly known as the "Omnibus Law" due to its broad legislative scope, is deemed essential by Milei for economic success and combating the rampant inflation, reaching 211.4% in 2023. In essence, the initiative empowers the president to legislate on various fronts, encompassing economic, financial, fiscal, security, tariffs, energy, and administrative domains. It advocates for a comprehensive state reform, including the privatization of public entities. #argentina #protest #reels #videography #infotainmentnews
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