Buenos Aires, Argentina – October 26, 2025 – Argentina’s President Javier Milei celebrated a decisive win in the country’s midterm legislative elections, strengthening his mandate to implement sweeping economic reforms. His La Libertad Avanza party captured more than 40 percent of the vote, dramatically outpacing the left-leaning Peronist opposition, which garnered 31 percent.

The elections, widely viewed as a referendum on Milei’s two-year tenure, mark a significant political shift in Argentina, giving the libertarian president the congressional support needed to advance his controversial economic agenda, including free market reforms, deep austerity measures, tax overhauls, and labor restructuring.

Milei Triples Party’s Seats in Congress

Half of the Chamber of Deputies’ 127 seats and a third of the Senate’s 24 seats were contested. Milei’s party now holds 101 lower house seats—up from 37—and 20 Senate seats, a remarkable increase from six. This outcome ensures the president has sufficient backing to uphold vetoes, block impeachment efforts, and push forward his reformist policies.

The victory was especially notable in Buenos Aires province, a long-standing Peronist stronghold, where Milei’s party rebounded from a local election loss last month to challenge the opposition head-to-head. Analysts described the results as a reflection of voter desire to maintain economic stability and avoid a return to Argentina’s historical cycles of financial turmoil.

US Support and Financial Bailout

The Milei administration’s success comes amid strong support from the United States, which offered a bailout potentially worth $40 billion, including a $20 billion currency swap already signed and a proposed $20 billion debt investment facility. President Donald Trump had warned that US financial backing might be withdrawn if Milei performed poorly in the midterms, emphasizing the international stakes of the election.

Al Jazeera correspondent Teresa Bo noted that the US influence may have swayed some voters, highlighting the complex interplay between domestic politics and international financial interests in shaping election outcomes.

Economic Challenges and Public Sentiment

Despite the victory, Argentina faces ongoing economic challenges. Milei’s austerity measures have successfully reduced annual inflation from 289 percent in April 2024 to 32 percent, but cost-of-living increases, higher utility and transport prices, and rising unemployment continue to strain households.

The president’s image has also been affected by scandals, including allegations of bribery involving his sister, Karina Milei, though his political triumph indicates that voters remain willing to support his economic policies despite personal controversies.

Analysts such as Gustavo Cordoba of Zuban Cordoba polling firm described the election as an “unobjectionable, unquestionable triumph,” reflecting widespread public concern over the potential return of economic instability under Peronist governance.

Milei’s Road Ahead

With the strengthened mandate, Milei is now positioned to advance tax and labor reforms, further liberalize Argentina’s economy, and maintain the trust of international partners, including the US. Political observers note that while the president has solidified his control over Congress, the practical challenges of sustaining economic reform amid social pressures remain significant.

“The Argentinian people left decadence behind and opted for progress,” Milei said at La Libertad Avanza headquarters. “This victory is a turning point, and we will continue to fight for freedom and prosperity to make Argentina great again.”

The 2025 midterm elections signal not only Milei’s strengthened domestic mandate but also a historic shift in Argentina’s political landscape, underscoring the influence of economic policy, voter sentiment, and international support in shaping the nation’s future.