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World

Javier Milei’s radical reforms could start to heal Argentina’s economy

17 December 2023

10:46 PM

17 December 2023

10:46 PM

Argentina has spent most of its 200-year history in deficit; no other country currently owes the International Monetary Fund a greater sum of money. The new finance minister, who entered government with President Javier Milei earlier this month, has been stark in making the point: ‘Out of the last 123 years, Argentina ran a fiscal deficit in 113… we have come to solve the addiction to fiscal deficits.

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