January 30, 2023

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Fernandes’ government loses majority in Senate in Argentina’s assembly election | The world

President Alberto Fernandes suffered a major setback in Argentina’s midterm elections this Sunday (14), amid widespread dissatisfaction with high inflation and rising poverty, with his ruling coalition threatening to lose control of the Senate and lose its position as the largest assembly in the chamber. Representatives.

According to official figures, the opposition received 40.1% of the vote in Buenos Aires, the country’s largest population center, while the presidential coalition received 38.4%. Together for Change, Santa Fe, C கோrdoba and Buenos Aires took the lead in the city and other districts with significant electoral weight.

The turnout in the election was 71%, the lowest since the return of democracy.

Voters elected 127 delegates, representing half the seats in the House of Representatives, and 24 senators in eight provinces, one-third of the council.

The inauguration of the new MPs is scheduled for December. This is the first time since 1983 that Peronism has needed allies to guarantee the approval of laws passed by the administration, according to the newspaper ‘Clarin’.

Argentina is set to go to the polls on Sunday (14) for assembly elections.

The success of the center-right Together Together for Change alliance will make it difficult for the president to hold office for the past two years, as he must deal with a severe social crisis and seek a loan refinancing agreement with the International Monetary Fund to stabilize the economy. The divisions within the ruling coalition could be further intensified.

The result was seen as a “punishment” vote against the Fernandez government for unemployment and other hardships, with a 10 percent drop in the Argentine economy last year and continued high inflation.

More than 40% of the country’s 45 million people live in poverty, unemployment is close to 10% and inflation has reached an annual rate of almost 42% in October.

Maria Eugenia Vidal, leader of the opposition coalition elected to the House of Representatives in Buenos Aires, said she was impressed by the decision.

“Millions of Argentines across the country said ‘enough’ … they overcame sadness, frustration and anger by saying ‘enough’,” Vidal said.

Alberto Fernandez in his speech this Sunday (14) – Photo: Juan Mabromata / AFP

In the recorded message, the President of Argentina admitted that he had made a mistake, but predicted that the economy would grow by about 9% this year and that the 2020 loss would be offset by the beginning of 2022.

Fernandez said this would put an end to the “most difficult phase” brought about by the recession, which was the cause of his predecessor and corona virus infection.

The government was hampered by growing insecurity and a series of scandals, such as Fernandes and those close to him violating health restrictions on epidemics.

He publicly competed with Vice President and former President Cristina Fernandez de Kirchner. Analysts say the two unrelated politicians faced a tough time.

The deal with the IMF is a tough obstacle to repaying about $ 45 billion in debt left by the previous government led by Mauricio Macri from 2015 to 2019.

Christina Fernandez promoted Fernandes’ presidential candidacy in a successful campaign to defeat Macri in the 2019 elections, but they differ on economic policy and negotiations with the IMF.

The president defends not delaying an agreement with the IMF to calm financial markets, which could mean cuts in public spending against his vice president’s more popular vision.

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