Presidency of Javier Milei

Javier Milei's tenure as the 59th president of Argentina began with his inauguration on 10 December 2023. Milei, a member of La Libertad Avanza, took office after defeating then-economy minister Sergio Massa in the 2023 general election. His administration began during deep economic turmoil as part of the ongoing Argentine monetary crisis, with annual inflation surpassing 100% in the months prior to his inauguration.

Described along right-wing populist and right-wing libertarian lines, Milei pursued deregulation policies to alleviate the national economic crisis. He eliminated several government ministries within his first months in office, achieving a budget surplus for the first time since 2011. On foreign affairs, the Milei administration distanced itself from governments such as those of Venezuela and Cuba, which it calls communist, favouring closer ties with Israel amid the Gaza war and Ukraine during the Russo–Ukrainian War.