Argentina’s political balance shifted sharply on Sunday as President Javier Milei’s La Libertad Avanza (LLA) secured a sweeping victory in the country’s midterm parliamentary elections, expanding its control in both chambers of Congress.
Milei’s Party Expands Influence Nationwide
Preliminary results show LLA winning 41.5 percent of the vote in Buenos Aires Province, narrowly surpassing the long-dominant Peronist alliance, which obtained 40.8 percent. The outcome marks a significant setback for Peronists, who have traditionally held influence in Argentina’s largest electoral district.
Nationwide, Milei’s party increased its seats in the Chamber of Deputies from 37 to 64 and doubled its presence in the Senate from 6 to 14. The gains provide the president with greater leverage to advance his legislative agenda and consolidate political authority.
Economic Reforms and Global Response
The results are widely seen as an endorsement of Milei’s free-market and austerity policies. Analysts said the strengthened position in Congress will enable him to accelerate deregulation, spending cuts, and privatization plans aimed at stabilizing Argentina’s struggling economy.
Official data cited by Reuters indicate that monthly inflation has fallen from 12.8 percent to 2.1 percent since Milei assumed office. His administration credits fiscal restraint and reduced government intervention for the improvement.
Former U.S. President Donald Trump has expressed strong support for Milei’s reform program, pledging a $40 billion financial assistance package to back Argentina’s stabilization plan. The U.S. government and investors have praised Milei’s efforts to curb inflation and restore fiscal discipline.
Political Outlook After the Victory
Milei’s administration has faced criticism over deep spending cuts and allegations involving his sister’s business ties. Despite that, the midterm outcome indicates that a majority of voters remain supportive of his leadership. Political observers noted that surpassing the 35-percent national vote threshold reinforces his legitimacy and policy direction.
Following the victory, Milei announced plans to restructure his cabinet to “strengthen efficiency and fiscal management.” Analysts believe the expanded mandate will allow him to negotiate alliances with centrist blocs and overcome legislative hurdles.
