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International Business Times
International Business Times
Business
Fran BLANDY

EXPLAINED: Argentine government to unveil measures to avoid hyperinflation | Rare Historical Photos

Argentina government spokesman Manuel Adorni said the goal of the reforms will be to avoid hyperinflation (Credit: AFP)

President Javier Milei's new government will on Tuesday unveil a set of emergency measures to avoid "hyperinflation" that are expected to deliver a shock to the country's ailing economy.

The 53-year-old libertarian and self-described "anarcho-capitalist" took office on Sunday vowing to slash public spending, warning the situation was likely to get a lot worse before it gets better.

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