MNI POLITICAL RISK ANALYSIS-Argentina Election Preview

Argentina holds its general election on 22 October, with elections for the presidency and the Congress of the Argentine Nation taking place. The Argentinian economy remains in a state of turmoil, with inflation running at 138% y-o-y in September leading the central bank to raise the benchmark interest rate to 133%, and two in five Argentinians now living below the poverty line.

• The country’s difficult economic outlook has contributed to this being one of the most open presidential election contests since the introduction of the two-round electoral system in the 1994 constitutional amendment. It has also seen the rise of a non-mainstream candidate in the form of presidential frontrunner, libertarian Javier Milei. His policy platform of major cuts to state spending and the effective dollarisation of the economy would mark a sea-change in Argentinian government policy and, if implemented, would significantly alter the landscape of the country’s economy and society.

MNIPOLITICALRISKANALYSIS-ArgentinaElectionPreview.pdf