News of ley omnibus

After triumph in Congress, Milei faces challenge of governing

03-07-2024 15:49 Following approval of his ‘Ley de Bases’ reform push, experts say President Javier Milei is now entering a new phase in which the population will demand results.

POLITICS & ECONOMY

President Milei hails ‘historic’ approval of his economic reform package

28-06-2024 14:22 President Javier Milei celebrates "historic" and "monumental" approval of his sweeping reform package by Congress.

Congress & Politics

Milei celebrates as Congress signs off on ‘Ley de Bases’ reform package

28-06-2024 09:31 Milei secures first legislative victory since taking office more than six months ago; Lawmakers in lower house back revised 'Ley de Bases' package with 147 votes in favour, 107 against and 2 abstentions. Bids to privatise Aerolíneas Argentinas, Correo Argentino and state media outlets left off bill, though income tax will be reinstated.

Congress & Politics

Milei wins approval for bold economic reforms in Argentina

28-06-2024 09:22 Argentina’s Congress approves President Javier Milei’s signature pro-business reforms, marking an inflection point for the outsider to govern with a hostile political class he continues to rail against.

CONGRESS & POLITICS

Milei’s reforms set to cross finish line in Congress

27-06-2024 19:26 President on the cusp of clinching his biggest political victory since taking office, with lawmakers likely to give final approval to two key proposals.

Congress & Politics

Congress set for final showdown on Milei's sweeping reform package

27-06-2024 12:01 Session scheduled to begin at midday and signs indicate the Milei government will secure its first legislative victory since taking office more than six months ago.

POLITICS & ECONOMY

Congress win pressures Milei to deliver on economic promises

21-06-2024 06:12 Javier Milei’s win in Congress has started the clock ticking. Argentina’s president needs achievements to convince a society that is impatient for economic change that better times are around the corner.

POLITICS & CONGRESS

Milei one step closer to ‘superpowers’ after Senate approval

20-06-2024 09:33 Argentina’s Senate last week approved the article permitting President Milei to co-legislate in a broader and less defined sense than granted to any of his predecessors. What the “superpowers” to legislate are and what the prerogatives delegated by Congress imply.

by Cecilia Degl'Innocenti

POLITICS & ECONOMY

Milei looks to keep winning streak alive in crucial IMF meeting

13-06-2024 20:03 President Milei will walk into a meeting with the head of the International Monetary Fund Friday emboldened by the most successful series of wins since he took office six months ago.

CONGRESS & POLITICS

Senate approves RIGI, privatisations, delegation of powers

13-06-2024 19:43 Key articles, including most controversial, ended up being approved in the Senate. Capital whitewash and the moratorium for tax arrears passed unanimously but government unable to gain support for restoration of income tax or reform of levies on personal assets.

MARKET REACTION

Traders cheer on Argentina as Milei win underpins austerity push

13-06-2024 15:30 Investors welcome congressional approval of President Javier Milei’s 'omnibus' bill.

Congress & Politics

Milei's 'Ley de Bases' bill clears Senate as VP casts decisive vote

12-06-2024 23:24 Senate gives general approval to President Milei's 'Ley de Bases' mega-reform bill after fresh round of amendments.

Congress & Politics

Senate begins debate on Milei’s ‘Ley de Bases’ mega-reform bill

12-06-2024 12:15 Senators open debate on President Javier Milei's flagship 'Ley de Bases' reform bill as demonstrations begin outside Congress.

Congress & Politics

Senate poses fresh challenge to Milei’s reform bills

05-06-2024 23:26 Opposition senators are pulling together the votes to reject bids to reintroduce income taxes, expand powers and privatise state-owned companies.

CONGRESS & POLITICS

Milei’s flagship reforms head for Senate vote

30-05-2024 16:50 Vice-President Victoria Villarruel and new Cabinet Chief Guillermo Francos secure signatures, allowing 'Ley de Bases' to clear committee stage in Senate.

CONGRESS & POLITICS

Argentina bonds climb as Milei deregulation plan moves forward

30-05-2024 14:02 Members of Senate general, budget and constitutional committees approve sending the so-called 'omnibus' bill to all senators.

Congress & Politics

Milei’s sweeping deregulation plan passes first Senate hurdle

30-05-2024 09:53 Lawmakers reach consensus with 'Ley de Bases' bill moving to a Senate floor vote, which by law is at least a week away.

ANALYSING ARGENTINA

Elon Musk meets José Mayans

11-05-2024 06:27 RIGI is the most beneficial regime ever created in the country for foreign investors and it is causing a divide among foreign and local businesses.

by Marcelo J. García

CONGRESS & POLITICS

Government gears up for ‘omnibus’ Senate showdown

08-05-2024 21:33 Make-or-break vote on sweeping reform bill likely to take place next week; Numbers look challenging for La Libertad Avanza, which will need support of allies to secure passage.

EDITORIAL

Loading the bases

04-05-2024 05:43 With a government yet to complete its first 150 days and Senate passage of Milei’s mega-law still lying ahead, we are not even at the end of the beginning.

POLITICS – ANALYSIS

Milei’s calculated risks

04-05-2024 05:27 It’s not the first time Milei has decided to play ball and look for support beyond the tight borders of his La Libertad Avanza coalition. It shouldn’t be read purely as a strategic change – rather a tactical manoeuvre.

by Agustino Fontevecchia

OPINION & ANALYSIS

Milei finally discovers politics

01-05-2024 22:33 President Milei appealed to dialogue and negotiation and obtained his first parliamentary triumph with the approval of his ‘Ley de Bases’ bill and accompanying fiscal package. The head of state has to persuade people of his ability to govern while in a minority. He is being watched by audiences in Washington and Beijing.

by Walter Curia

CONGRESS & POLITICS

Milei wins key lower house support for Argentina’s reforms

30-04-2024 13:25 Lawmakers approve expanded executive powers on administrative, financial, economic and energy matters, as well as the ability to dissolve dozens of special-purpose federal government funds.

Congress & Politics

Milei’s omnibus bill wins general approval in lower house

30-04-2024 09:24 Lower house Chamber of Deputies approves Milei's flagship reform bill in general with 142 votes in favour, 106 against and five abstentions; Lawmakers will now begin voting on key points, as well as accompanying fiscal package.

BLOOMBERG – ANALYSIS

Milei seeks second chance from Congress with scaled-back reform

10-04-2024 14:53 Government is circulating trimmed down draft version of its sweeping reform bill to lawmakers as Milei seeks to overhaul economy.

POLITICS & ECONOMY

Juntos por el Cambio governors to back ‘omnibus’ bill, fiscal package

04-04-2024 21:35 Interior Minister Guillermo Francos and Cabinet Chief Nicolás Posse lead talks over the so-called ‘Ley de Bases,’ potentially brokering a deal to see its passage through Congress.

POLITICS & CONGRESS

Milei won't resubmit reform plan to Congress until late 2025

29-02-2024 11:04 In an interview with British newspaper the 'Financial Times,' President Javier Milei says his sweeping 'omnibus bill' will be resubmitted to Congress – but not until December 2025

INTERVIEW

Cristian Ritondo: ‘Juntos por el Cambio, as we knew it, no longer exists’

06-02-2024 15:06 Frente PRO chairman discusses President Milei's omnibus bill, how deadlock was overcome and criticises those who will not back the sweeping reform plan.

by Ezequiel Spillman

POLITICS & CONGRESS

Lower house of Congress approves Milei’s omnibus bill

02-02-2024 19:20 In a 144-109 vote, lawmakers passed President Milei’s first major piece of legislation after he made significant concessions. The bill could still be modified significantly, however.

POLITICS

Congress resumes omnibus bill debate after night of tempers and tension

02-02-2024 13:14 Lawmakers resume debate over Milei government’s omnibus bill as marathon session enters third day; Tempers now calm but security still heavy after night of police clashes with protesters and complaints in the chamber.

Congress & Politics

Police battle protesters outside Congress as omnibus bill debate extends to Friday

02-02-2024 08:54 Riot police fired rubber bullets and tear gas on Thursday to disperse protesters gathered outside Congress as lawmakers debated the Javier Milei's sweeping reform package.

Congress & Politics

Lawmakers debate President Milei's mega reform package

01-02-2024 00:39 Lawmakers are prepared for a marathon session, with an initial 35 hours of debate planned over several days, and 200 speeches.

Congress & Politics

Omnibus bill: Controversy over signing of committee majority opinion

25-01-2024 21:12 Majority opinion on controversial bill was fully backed by government deputies with partial dissidence from the moderate opposition. Legislation was due to reach house floor was on Thursday but Caputo’s bid was gridlocked by Pichetto and De Loredo.

Congress & Politics

Omnibus bill: Government pushes back lower house debate

24-01-2024 17:44 Government sources in the Chamber of Deputies, speaking on condition of anonymity, say that ruling party wants to push back debate on landmark bill until next Tuesday (January 30).

Congress & Politics

New version of 'Omnibus Bill' with amendments sent to Congress

23-01-2024 16:29 Point by point, the main changes to the Milei administration's 'Omnibus Law'; Government has eliminated over 100 articles after negotiations with opposition sectors as it battles for bill's approval in Congress.

Congress & Politics

Milei seeks to increase number of Argentines paying income tax

23-01-2024 13:33 Proposal that will be sent to Congress on Tuesday establishes that individuals making more than 1.3 million pesos (US$1,583) a month should by paying income tax.

BLOOMBERG – ANALYSIS

President gets pragmatic as hostile Congress forces him to negotiate

23-01-2024 12:08 For a leader who rose to Argentina’s top job by touting radical proposals and showing little willingness to negotiate with the country’s “political elite,” Javier Milei is turning into quite the pragmatist.

POLITICS & LABOUR

Buenos Aires braces for first general strike of Milei government

23-01-2024 11:54 Labour groups and social organisations will mobilise on Wednesday to demonstrate against Milei government’s reform plans, with a large turnout expected; Banks, public transport and even flights set to be affected.

POLITICS & CONGRESS

Pichetto’s caucus blocks Milei government over Omnibus bill

18-01-2024 19:29 Deputies belonging to caucus headed by dissident Peronist and ex-VP candidate Miguel Ángel Pichetto impose themselves, halting the government drive.

'ley omnibus'

Argentine musicians come out publicly against Milei's ‘omnibus law’

06-01-2024 16:34 Charly García, Fabiana Cantilo and Gustavo Santaolalla among the famous names who sign communiqué slamming sweeping reforms outlined in Javier Milei's 'Ley Omnibus' bill.