News of omnibus

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.

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.

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.

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.

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.

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.

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

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.

Milei's liberalisation reforms get a provisional green light

30-04-2024 14:28 Lawmakers approve in principle a swathe of liberalising reforms eyed by President Javier Milei in a rare legislative boost for his budget-slashing agenda.

Omnibus bill backing opens door to privatisation of state firms, labour reform

30-04-2024 14:22 Lawmakers in lower house back key chapters of President Milei's reform bill, opening door to labour reform and the privatisation of state firms – provided Senate gives its backing.

Omnibus bill heads to Congress, debate set for Monday or Tuesday

25-04-2024 16:35 After a day when at times it seems everything was falling apart, ultimately amendments made everyone happy. With the support of PRO and a sector of the Radicals and Hacemos Coalición Federal, La Libertad Avanza obtained 61 signatures.

Caputo speech at JPMorgan event helps propel Argentine bonds

18-04-2024 13:18 Argentina won’t lift capital controls until international reserves are high enough to safeguard against a potential currency run, Luis Caputo tells investors.

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.

Milei’s bold decree suffers major setback after repeal in Senate

14-03-2024 21:18 President's initial dose of shock therapy teeters on the edge of collapse after Senate defeats his sweeping executive decree.

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

Political deadlock threatens economic change

17-02-2024 06:00 Unfortunately for President Milei, the political community he has joined has its own largely tacit rules which have little to do with economic efficiency.

by James Neilson

Government freezes omnibus bill – and wants to make governors pay

08-02-2024 14:50 President Javier Milei is evaluating the possibility of calling a non-binding plebiscite to pass his reforms in the hope of a new Congress breakdown after the 2025 midterms.

Milei’s ‘shock therapy’ is suffering a stinging rejection

08-02-2024 13:15 Lawmakers rebuke president’s bill, upending agenda; Milei responds by lashing out at the parties he needs to push through his reforms.

President slams provincial governors after Congress setback

06-02-2024 21:47 Milei, who is in Israel on his first bilateral trip abroad, vows to continue forward with his economic programme “with or without the political class that destroyed the country."

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