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, which lasted more than 12 hours, saw the members of Argentina’s Chamber of Deputies cast the final vote required on the bill’s final details after the Argentine Senateto approve the bill on June 12. The bill had the support of 147 deputies against 107 who voted to reject it. Two lawmakers abstained from voting.by Milei roughly two weeks after he took office on December 10 and contains reforms and deregulation measures across a wide variety of sectors.
The Argentine president’s office celebrated the approval of the law in a statement on Friday in which the Argentine executive announced the approval of the law “in spite of the obstructionism of Kirchnerism and its usual accomplices, who delayed the bill for months.” “So far, we did phase one of the government. On one hand, we have passed the largest structural reform in history,” Milei explained. “Last night’s Bases Law is a historical and monumental milestone; it is five times bigger than the reform made by Menem, which until now was the biggest in Argentine history.”
“Fiscal consolidation is underway; the zero deficit stage is over. Now we are going to the zero emission stage,” Milei said. “The monetary regime change is coming. What we are aiming for is that the broad monetary base does not vary anymore.”
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