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Javier Milei’s First Year as Argentina’s President: Achievements and Challenges

In his first year in office, Argentine President Javier Milei has made significant economic changes, reducing inflation from over 20% to 2.7%, while simultaneously facing severe recession and rising poverty, with over 52.9% of the population now below the poverty line. Despite cutting social programs and government spending, he has achieved a balanced budget for the first time in years. However, promises such as the dollarization of the economy remain unfulfilled, indicating challenges ahead as he seeks to attract investment and reform the state.

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