Argentina celebrates a milestone as President Javier Milei oversees the nation's first inflation-free week in three decades. Milei's bold economic reforms show initial success, contrasting sharply with Nigeria's ongoing inflation challenges under President Bola Tinubu.
In a remarkable turn of events, Argentina has reported its first week without inflation in 30 years, six months after Javier Milei took office as President. Milei's aggressive economic reforms, including selling national assets, merging government departments, and devaluing the currency, appear to have borne fruit. Econometrica, a private consulting firm, confirmed stable food prices—a stark contrast to Milei's predecessor's economic struggles.
Milei, buoyed by these early results, highlighted the achievement as a sign of progress. Meanwhile, comparisons are drawn with Nigeria's economic woes under President Bola Tinubu, whose tenure has seen worsening inflation despite promises of reform and controversial expenditures.
