Argentina s Lower House Friday broadly approved by 144 votes to 109 President Javier Milei s so-called Omnibus Law bill to curb State spending and achieve zero deficit, it was reported in Buenos Aires. Next week, each provision of the draft will be analyzed separately, it was also explained.
The deputies will discuss the reform project for at least 40 hours in an extraordinary session that began Wednesday amid protests on the streets of Buenos Aires
President Javier Milei's ambitious omnibus bill, encompassing sweeping economic reforms in Argentina, has passed its first test in a lower house committee but now confronts significant challenges in Congress.
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Argentine President Javier Milei's "omnibus" bill, a sprawling reform package ranging from tax hikes to privatizations, has cleared its first hurdle in Congress with a green light from a lower house committee. The bill, part of a major push to reshape the South American country's embattled economy, will require majority approval from lawmakers in both chambers of Congress, where Milei's own libertarian coalition only holds a small minority of seats.