Part 6/12:
During his first year, Milei's "shock therapy" approach slashed government spending by an unprecedented 31%, a move that was aimed at restoring fiscal stability. This drastic reduction surprised many economists who had anticipated further economic decline, yet Milei's policies led to a remarkable fiscal surplus for Argentina for the first time in over a decade. The financial turnaround allowed the country to begin addressing its significant debt burdens while giving economists hope for better future growth prospects.