Far-right Argentine President Javier Milei won the midterm elections with 41% of the vote, defeating the Peronist opposition. With the seats secured, he is now expected to advance his strict austerity agenda more easily.
The elections determined 127 of the 257 lower-house seats and one-third of the Senate, with Milei’s party gaining 64 and 12 seats respectively.
Although the result does not grant Milei an outright majority, it is widely seen as a surprise by Argentine analysts, given the recent blows to his popularity — from corruption allegations involving his sister to the ongoing economic crisis.
Milei’s party had been defeated in September’s regional elections in Buenos Aires by 14 percentage points.
The government itself had downplayed expectations, calling any result between 30% and 35% “satisfactory,” especially after Milei’s heavy defeat in the September regional elections in Buenos Aires, where he lost to the Peronists by 14 percentage points.
This time, however, Milei’s party reversed the outcome, winning in Argentina’s largest electoral district, which represents roughly 40% of the national electorate.
Immediately after the results were announced, U.S. President Donald Trump unveiled a $40 billion aid package, having previously threatened to withdraw U.S. financial support if Milei failed to win.
Source: Guardian