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International Business Times

Business

Nina NEGRON

What To Know About Milei's Bid To Liberalize Argentina's Economy

Javier Milei Argentina Economy Government Intervention

A sympathizer of President Javier Milei wields a chainsaw, symbol of the Argentine leader's plans to slash the size of the state (Credit: AFP)

Argentina's libertarian President Javier Milei this week unleashed a mega-decree to change or scrap 366 economic rules in a country accustomed to heavy government intervention in the market.

The move is a first in Argentina's history, with none of its democratically elected presidents or dictators attempting such a massive dismantling of the system.

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