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Argentina's Milei Reforms Boost GDP but Spark Skepticism

4/11/2026

Summary

Story summary

In April 2026, economists warned that Argentine President Javier Milei's laissez-faire policies could lead to economic devastation, including higher inflation and poverty.
GDP grew 4.4% in 2025, and inflation fell.
Milei's reforms, including removing price controls and privatizing state agencies, yielded a fiscal surplus and a decrease in poverty, though critics remain skeptical and comparisons to Ireland and Israel suggest possible similar results.

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Story summary

In April 2026, economists warned that Argentine President Javier Milei's laissez-faire policies could lead to economic devastation, including higher inflation and poverty.
GDP grew 4.4% in 2025, and inflation fell.
Milei's reforms, including removing price controls and privatizing state agencies, yielded a fiscal surplus and a decrease in poverty, though critics remain skeptical and comparisons to Ireland and Israel suggest possible similar results.