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The lower house of the Argentine Congress approved the controversial labor reform law

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The lower house of the Argentine Congress approved the controversial labor reform law
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Argentina’s lower house of Congress approved a controversial labor reform bill backed by libertarian President Javier Milei on Friday, despite a national strike by unions opposing the changes that have brought parts of the country to a standstill.

Investors were closely watching the bill, which passed by a vote of 135 to 115, to see if Milei had the power to continue to push through his free-market agenda.

The government claims the law, approved by the Senate last week with the support of the ruling party and its centre-right allies, will boost investment and increase formal employment.

Lawmakers debated the changes in the early hours of Friday morning before sending the proposal back to the Senate for a final vote to become law. Among the changes was the removal of the article that reduced sick leave benefits for employees.

– What is the use of the entire library of labor legislation if, after all, the system it establishes does not serve to create jobs? – asked representative of the ruling party Lisandro Almiron during the debate on the law.

However, unions argue that the proposed reform threatens long-standing protections for workers, including the right to strike.

In protest, the powerful CGT union called a 24-hour strike for transport workers, public sector staff and bank officials on Thursday.

(Vijesti.ba/FENA)


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