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Friday July 26, 2024

President-elect Milei vows ‘end of Argentina’s decline’

By AFP
November 21, 2023
Libertarian outsider Javier Milei. — AFP File
Libertarian outsider Javier Milei. — AFP File

BUENOS AIRES: Libertarian outsider Javier Milei swept to victory in Argentina´s presidential election late on Sunday, vowing to halt decades of economic decline in a country reeling from triple-digit inflation.

The self-described “anarcho-capitalist” pulled off a massive upset by ousting the populist Peronist coalition which has long dominated Argentine politics. With 55.7 percent of the vote, Milei thumped his rival, Economy Minister Sergio Massa, who won 44 percent of the vote and rapidly conceded defeat.