Argentina's Milei shuts up critics with miracle turnaround of economy, strong security policies

Argentina elected Javier Milei as the country struggled with some of the highest inflation in the world, seeking radical change in the face of crisis.

Peter Aitken is a Fox News Digital reporter with a focus on national and global news. 

Milei won the presidency in November last year and prompted concern from some in the West that he would lead his country down a road to ruin with libertarian policies that would make an already troubled economy even weaker. Voters wanted economic relief from a market hit with some of the highest inflation in the world. 

Those attitudes have shifted just months later as Milei has enacted a raft of policy changes: The International Monetary Fund (IMF) agreed to release a tranche of loans due to Argentina under a bailout program thanks to Milei’s government managing to create a fiscal surplus in the previous fiscal quarter and bring inflation down.