Who is Javier Milei?
Before going into politics, Javier Milei, a Buenos Aires native born in 1970, made a living as an economist and commentator. Voters in the City of Buenos Aires sent him to the national chamber as a deputy in 2021. The presidency came to him through a November 2023 runoff, and his term started on 10 December 2023. A chainsaw was his campaign symbol for cutting back the state, and he calls himself a libertarian. His party lost the provincial election in Buenos Aires in September 2025, but in the national midterms a month later it took more than 40 percent of the vote, which gave it the seats needed to uphold presidential vetoes. In October 2026 he is still in office.
Previously: Leader of La Libertad Avanza · National deputy for the City of Buenos Aires (2021-2023) · Economist and university lecturer
Documented positions
- On the 2023 campaign trail he promised to close the central bank and swap the peso for the US dollar.Source: aljazeera.com
- He opposes abortion.Source: aljazeera.com
- His zero-deficit policy delivered surpluses in both 2024 and 2025, and in real terms primary spending is 27 percent under what it was in 2023.Source: batimes.com.ar
- From December 2023 to April 2025, roughly 48,000 public sector jobs disappeared under a deregulation ministry headed by Federico Sturzenegger.Source: batimes.com.ar
- Once the 2025 midterms were over, he laid out intentions to liberalise labour law, reform pensions and cut up to 20 taxes.Source: batimes.com.ar
- Expanded police powers went to a new National Migration Agency, which he created in November 2025.Source: english.elpais.com
- Moving the Argentine embassy in Israel to Jerusalem was a plan he announced in 2024.Source: aljazeera.com
- His government pulled Argentina out of the World Health Organization, citing its pandemic advice, with the exit taking effect in March 2026.Source: aljazeera.com
Record
From a peak of about 300 percent in 2024, annual inflation under Milei fell to roughly 32 percent for 2025. The government posted a fiscal surplus in each of two successive years. Official poverty figures declined in 2025, having climbed during his first months. Supporters point to these outcomes and to the 2025 midterm victory; the Senate also gave final approval in February 2026 to labour law changes that he backed.
Critics include trade unions, which staged several general strikes. Their list includes job losses in the public sector, reduced buying power for many households and protests against the cuts. A further issue is the $LIBRA cryptocurrency, which he promoted in February 2025 and which collapsed within hours; a federal investigation was opened. A congressional commission led by opposition deputies said in November 2025 that the facts were compatible with fraud and assigned him political responsibility. He denies wrongdoing, while his office said he had no part in developing the coin.
