Argentina ** Milley is in powerWeeks coming, has begun to implement a series of policies to regulate the currency, reduce sectors, and cut spending. Milley's policy, while not fully replicated, was quickly slashed by 54 percent against the dollar, compared to what he promised during the campaign. And the measures to cancel public works and freeze spending sharply have all but reversed the course of the pre-Fernandez period.
However, the first step of the reform did not achieve the desired effect of Milley, on the contrary,Currency depreciationAs a result, prices have skyrocketed, causing even greater hardship for the Argentine people, who are already not wealthy. At the same time, Millais stopped issuing budgets to the states, resulting inLocal FinancePlunged into chaos. Even some states are unable to pay civil servants. On this occasion, left-wing labour organisations and trade unions have called for nationwide strike action and demonstrations in the capital to force Milley to stop "endangering the country".
Faced with the threat of demonstrations and strikes, Milley took a series of measures to maintain order. First of all, the Argentine federal forces will carry out all interventions to combat the "chaos that may come." * It also warns that anyone who seeks to take advantage of the fire will face jail time or be sanctioned by force. And Defense Secretary Bridgeridge emphasized that the army will not allow unauthorized acts or block streets, and will use force if necessary. It is also emphasized that any funders or organizations will be held accountable and that monitoring technology will be used to identify each participant.
These "unprecedentedly harsh words" show the dire situation facing Milley**. However, the clamor of the ruling MP Espert did not dispel fears, on the contrary, it caused more criticism. Former candidate Bregman believes that the measures taken are serious human rights violations and resolutely follows Milley's actions.
Milley's reform policy was seen as a big gamble because of the country's frilling fiscal situation. Compared to the same period in the Soviet Union, Argentina** faced more restrictions. theirsForeign exchange reservesand fiscal surpluses are low, making it difficult to borrow sufficient reserves. Moreover, Argentina is not like the Soviet Union, which can sell state-owned enterprises on a large scale.
Milley's hope is that the crisis caused is just a "labor pain", and the market willEconomyAnd inflation pulls back. Therefore, **very concerned about the situation of social chaos in the process**, and iron-fisted measures were taken to stop the demonstrations and strikes. However, manyEconomyScholars warn that Milley's reforms may not succeed and will only lead to the loss of the country's ability to obtain lending support and foreign exchange transactions.
The reform policy of Milley, Argentina, was met with great resistance from the first step of implementation. Currency depreciationAnd soaring prices have brought greater distress to the peopleLocal FinancePlunged into chaos. Faced with the threat of demonstrations and strikes, Milley took drastic measures to maintain order, but it also drew criticism.
Milley's reform policy was seen as a big gamble, but the limitations Argentina faced made the chances of success low. In the process of implementing reforms, ** facedForeign exchange reservesand the dilemma of insufficient fiscal surpluses. Hopefully pull back by triggering a crisisEconomyand inflation, but at the same time, they are also at risk of social disruption.
Overall, Argentina** must seriously consider the feasibility of reforming policies and find more stable and reliable solutions. It is only through careful decision-making and comprehensive consideration that the country can be addressedEconomyand social issues.