HomeWorldArgentina Economy Minister Massa, outsider Milei head to runoff

Argentina Economy Minister Massa, outsider Milei head to runoff


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Argentina’s Economy Minister Sergio Massa and anti-establishment outsider Javier Milei will face off in a runoff presidential ballot, preliminary election outcomes confirmed late Sunday.

Latin America’s third-largest economic system is creaking beneath triple-digit inflation after a long time of recurrent fiscal crises marked by debt, monetary mismanagement, and a risky forex.

The charismatic Massa, representing the ruling center-left Peronist coalition, overcame expectations to return first with 36.6% of votes, with greater than 97% of ballots counted, regardless of overseeing document annual inflation and poverty ranges.

“Our country is in a complicated situation … nevertheless you believed we were the best tool to build a new step in Argentina’s history,” Massa informed his cheering supporters in Buenos Aires.

If elected, Massa promised to steer a authorities of nationwide unity, a primary for Argentina, and launched an enchantment to “all those who share our democratic values.”

“I am not going to fail you,” he stated.

The libertarian Milei, who introduced a powered-up chainsaw to rallies vowing to slash public spending and dollarize the economic system, scored 30% of the vote.

The rock-singing, TikTok-savvy outsider got here from nowhere to place up a fierce problem to conventional political events, touching a nerve with Argentines fed up with financial shambles.

“Today is a historic day because two-thirds voted for change. All of us who want change have to work together. We can win, take back our country, prevent our kids from leaving the country,” stated Milei.

The two will compete in a Nov. 19 runoff election, with the winner to take workplace Dec. 10.

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