Argentinians protest Javier Milei's economic “shock therapy”

Thousands of people took to the streets of Buenos Aires, Argentina, on Wednesday to protest against the government's economic shock measures, in the first real test for Argentina's new libertarian president, Javier Milei.

Milei, who took office earlier this month on a promise to slash public spending, has announced sweeping plans to reform the economy and crack down on protests in recent days, setting up a potential clash with social groups that have pledged to oppose his "shock therapy."

Last week, Milei announced a 54 per cent devaluation of the peso, cuts to subsidies and the closure of some government ministries, which he said are needed to address Argentina's acute economic crisis.

The planned march comes after Milei's newly appointed security minister presented a "protocol" last week to maintain public order that allows federal forces to block demonstrators from holding disruptive road-blocking protests. Some social organizations have said that the protocol goes too far and compromises the right to protest.

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Видео Argentinians protest Javier Milei's economic “shock therapy” канала Global News