Milei Wins Approval for Bold Economic Reforms in Argentina [Yahoo! Finance Canada]
YPF Sociedad Anonima (YPF)
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Source: Yahoo! Finance Canada
Most Read from Bloomberg The Chamber of Deputies passed a sweeping bill, known in Spanish as the Ley de Bases, early Friday in a final 147 to 107 vote. The biggest victory came minutes later, however, when lawmakers also approved the return of income taxes in the accompanying fiscal package by a narrower 136-116 margin, reversing the Senate's bid to undo the measure. The extra tax revenue would give the government breathing room to reach its fiscal targets and help tame 276% annual inflation. ADVERTISEMENT Milei's nascent libertarian party holds less than 15% of seats in the lower house, making legislative support his Achilles heel. The passage of his sprawling reform package, albeit significantly watered down, after six months of arduous negotiations sends a business-friendly message to investors that he has the political backing to get Argentina's basket-case economy back on track. The bills, which deregulate vast swaths of the economy and boost government revenues, were ap
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YPF
News
- Milei Wins Approval for Landmark Economic Reform in Argentina [Yahoo! Finance]Yahoo! Finance
- Milei Wins Approval for Landmark Economic Reform in Argentina [BNN Bloomberg (Canada)]BNN Bloomberg
- Milei's Reforms Set to Cross Finish Line in Argentina's Congress [BNN Bloomberg (Canada)]BNN Bloomberg
- Oil Driller Aconcagua Eyes Argentina IPO as Milei Lures Capital [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Oil Driller Aconcagua Eyes Argentina IPO as Milei Lures Capital [BNN Bloomberg (Canada)]BNN Bloomberg
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