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Weekly Report - 21 December 2017 (WR-17-50)

ARGENTINA: Pension reform approved at political cost

The government led by President Mauricio Macri has pushed its proposed pension reform through the federal congress. Pension reform is an integral part of the wider economic reforms that the Macri administration is seeking to implement to ensure Argentina’s medium and long-term economic growth, and the approval of the bill in the opposition-controlled congress constitutes a political victory. However, violent public protests organised by groups opposed to the pension reform, which include leftist political groups, civil society organisations, and unions, have depleted Macri’s political capital.

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