Jack V Lloyd@jackvlloyd
Javier Milei’s key achievements (as of 2026):
Fiscal & Tax
- Eliminated PAIS tax on many foreign currency transactions
- Reduced/eliminated export withholding taxes on soybeans, wheat, corn, oil, pork, dairy, 88% of industrial products, steel, aluminum & 231 mining products
- Lowered import tariffs on toys, industrial goods, capital goods; eliminated on urea & fertilizers
- Eliminated internal taxes on cars, electronics, cell phones & computers
- Achieved fiscal surplus (first in over a decade) & largest fiscal adjustment in Argentine history (~5% of GDP)
- Fired 60,000+ public employees, cut ministries from 18 to 8, eliminated hereditary positions
Deregulation & Trade
- Eliminated import/export quotas, non-automatic licenses & multiple bureaucratic systems (SIRA, SEDI, RUCA etc.)
- Repealed Rental Law, Buy Argentine Law & dozens of trade & consumer regulations
- Liberalized vehicle, auto parts, used machinery & many other imports
- Lifted currency controls, normalized import payments & enabled dollar debt issuance again
- Deregulated energy, electricity, LPG, yerba mate, transport, fuel dispensing & more
- Approved RIGI (large investments) & RIMI (SMEs), passed Bases Law
- Enabled Starlink, private 4G/5G, drones & "open skies"
- Opened 32+ new markets, record meat & wheat exports
State Reform & Closures
- Dissolved/restructured: Télam, INADI, AFIP→ARCA, multiple agencies (roads, transport regulators, ENOHSA, etc.)
- Closed 320 motor vehicle registries, 21+ public trust funds & many redundant programs
- Merged gas & electricity regulators, restructured INTI/INTA
Privatizations & Concessions
- Advanced privatization/corporatization of: AySA, ENARSA, Intercargo, Belgrano Cargas, Transener, national highways, Banco Nación (into SA) & others
Security, Foreign Policy & Defense
- Withdrew from WHO, declared Hamas terrorist org, firm stance on Venezuela
- Signed trade deals with US/EU, applied to OECD, NATO global partner
Other Reforms
- Educational vouchers, curriculum renewal (math, AI, finance), increased scholarships
- Audited disability pensions, limited hormone treatments for minors
- Converted many social plans to vouchers, eliminated Ministry of Women
- Allowed OTC medicines, deregulated pharma patents
Results
- Record trade & energy surplus
- Inflation from 25.5% monthly peak to ~2.4%
- Exchange rate gap nearly eliminated
- Country risk at multi-year lows
- Lowest homicide rate in history
Milei delivered the most radical market liberalization in decades.