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![]() Official portrait, 2024 | |
Presidency of Javier Milei 10 December 2023 – present | |
Javier Milei | |
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Election | 2023 |
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Political career
President of Argentina
Elections
Bibliography
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Javier Milei's tenure as the 59th president of Argentina began with his inauguration on 10 December 2023. Milei, a member of La Libertad Avanza, took office after defeating then-economy minister Sergio Massa in the 2023 general election. His administration began during deep economic turmoil as part of the ongoing Argentine monetary crisis, with annual inflation surpassing 100% in the months prior to his inauguration.
Described along right-wing populist and right-wing libertarian lines, Milei pursued deregulation policies to alleviate the national economic crisis. He eliminated several government ministries within his first months in office, achieving a budget surplus for the first time since 2011. On foreign affairs, the Milei administration distanced itself from left-wing governments such as those of Venezuela and Cuba, favouring closer ties with Israel amid the Gaza war and Ukraine during the Russo–Ukrainian War.