What to know about Argentina's presidential vote

[Music] voters in Argentina are about to pick between two vastly different Visions when they vote in Sunday's presidential runoff economy Minister Serio Masa has been neck-and-neck with libertarian rival Javier Malay the scene is set recession is looming inflation could Spike to 200% by the end of this year more than 40% of the population lives in poverty all while a $44 billion international monetary fund program is on the Rocks here's what you need to know about the election for South America's number two economy it could be seen as a political miracle if Serio Massa wins while at the Helm of the country's worst economic crisis in decades he hasn't been able to tame [Music] inflation but he's a pragmatist who's promising change from within think tax cuts a Unity government gradual change he touts protection of welfare payments and subsidies that keep utility and transport costs low in the final televised debate Massa pitched himself as a responsible [Music] choice Javier malle's approach is more combative more shock therapy he's known for pulling out chain saws on stage a not so subtle symbol of his government plans the former TV pent has been compared to exus president Donald Trump he's trying to harness voters who are angry about the economy consider this promise he made on Tik Tok [Applause] Malay has vowed to dollarize the economy burn down the central bank and rails against what he calls political Elite thieves polls are suggesting a likely photo finish Massa pulled off a surprise win in the October first round many voters cited fears about mala's chainsaw plan for the economy including large public spending cuts over half of Argentina's population relies on social welfare payouts and subsidies but a recent gas shortage has hit Mass's popularity with pumps running out of Supply whoever wins will face the key task of resuscitating Argentina's economy will take office on December [Music] 10th

Channel: Reuters

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Id: DrXqHAkjQyQ

Length: 3min 10sec (190 seconds)

Published: Fri Nov 17 2023