ARGENTINE judges recently suspended President Javier Milei’s labor law changes that form a part of his mega-decree economic reforms and deregulation.
Argentina’s top court, the National Chamber of Labor Appeals temporarily blocked the case and the enforcement of Milei’s ‘’mega-decree’’ that included over 300 regulations.
The sweeping economic changes were introduced by Milei after he took office in December last week.
The reforms include an increased probation period from the previous three to eight months, lower compensation payments for dismissed employees, and shorter pregnancy leave credits.
Meanwhile, 3 judges presiding over the case have temporarily halted the labor measures until a determination is made regarding their legality under Argentine law, without requiring congressional approval.
The CGT trade union body is against the reform proposal by Milei.
The said union also challenged the new Argentine president’s changes and is planning a nationwide strike, set to begin at the end of the month.
According to the CGT trade union, Milei’s reforms erode basic worker protections, like the right to strike and parental leave.
The Argentine President explained that his decisions regarding the labor reforms aim to regulate the economy in the South American country which has been in a rut.
His government also said they planned to appeal the suspension.
Javier Milei, a self-proclaimed “anarcho-capitalist”, assumed the presidency in December 2023.
He became famous for his ideas and plans for Argentina, the third-biggest economy in Latin America.
For decades Argentina has been on its knees due to debt and financial mismanagement, with the country’s inflation rate surpassing 160 percent year-on-year and 40 percent of the people there living in poverty.
To recall, after taking the presidency Milei has made some drastic policy changes that include labor reforms, pulling out Argentina from the BRICS group, and the reduction of ministries, reducing the total ministries in Argentina from 18 to 8.