Milei’s Economic ‘Shock Therapy’ Pays Off, With Argentina Seeing First Budget Surplus in More Than a Decade

The Argentine president plans to bring his message to America’s capital in the coming days.

Tomas Cuesta/Getty Images
President Milei during a campaign rally on September 25, 2023 at Buenos Aires. Tomas Cuesta/Getty Images

The government of Argentina has posted its first monthly budget surplus in more than a decade — a major milestone for the new libertarian president, Javier Milei. His economic and budgetary reforms still face an uphill battle in his legislature, however. 

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