Argentine President Javier Milei’s La Libertad Avanza (LLA) party secured a decisive victory in the midterm legislative elections, winning over 40 percent of the national vote for the lower house, while the opposition won 31 percent of the votes. This is viewed as a popular mandate for President Milei’s austerity programs and strengthens his ability to push through ambitious tax and labour reforms. The win, coming after a US offer of a multi-billion-dollar financial bailout, is expected to be viewed positively by international investors and could lead to accelerated economic deregulation.