Milei's Libertad Avanza wins legislative victory in Argentina

President Javier Milei's La Libertad Avanza party scored a decisive win in Argentina's legislative elections on Sunday, October 26, capturing roughly 40.8 percent of the national vote and making significant gains in both chambers of Congress, official results showed. The outcome strengthens Milei's parliamentary standing two years after his election as president and boosts his ability to press ahead with wide-ranging economic reforms.

With about 90 to 91 percent of ballots tallied, La Libertad Avanza won six of the eight provinces renewing a third of the Senate and secured 64 seats in the Chamber of Deputies, up from 37, according to government figures. In Buenos Aires province, a long Peronist stronghold, the party took about 41.5 percent to the Peronist coalition's roughly 40.8 percent in preliminary tallies. Nationwide turnout was near 68 percent, below the turnout recorded in the previous midterm vote.

The result gives Milei fresh political capital to pursue his agenda of spending cuts, deregulation and currency reform. His government credits its measures with sharply reducing inflation rates and achieving a fiscal surplus, while critics point to public discontent over cuts...