How Milei’s Radical Reforms Turned Argentina’s Economy Around

Milei cut 10 government agencies, fired 34,000 public employees, and cut spending by 30 percent—and the Trump transition team is taking notice.

Illustration by The Epoch Times, Getty Images, Shutterstock

On his first anniversary as president of Argentina, Javier Milei announced the initial results of his relentless campaign to cut government spending, eliminate regulations, and pare back the country’s administrative state.

“Today, with pride and hope, I can tell you that we have passed the test of fire,” Milei told Argentinians on Dec. 10. “We are leaving the desert, the recession is over, and the country has finally begun to grow.”