Emboldened by his midterm election triumph, President Javier Milei is opening dialogue with political leaders to advance with a second wave of reforms, targeting the labour market, taxation system and, down the line, pensions.

Milei’s government reached last week’s legislative elections amid financial turbulence that has calmed after the win. It now faces the challenge of jumpstarting a stagnant economy and consolidating its political project.

‘Most reformist Congress’

Milei’s first step will be to negotiate his first Budget bill in two years in office with lawmakers after two consecutive rejections. Milei postponed it until December, when his position in Congress will be stronger.

Milei’s La Libertad Avanza caucus will expand but still fall short of a majority.

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