Argentina’s congressional commissions have approved a final edition of the second version of President Javier Milei’s omnibus bill, his flagship reform package that failed to pass Congress in February.

After the first bill collapsed because of a lack of cross-party support, the new bill’s course through Congress will be a key test of the Milei administration’s willingness and capacity to negotiate.

The second version is a pared-down text removing some of the more divisive points in the previous text. The labor reform in the new document is more modest, although it maintains reforms such as extending probation periods to six months.

Four public companies are slated for privatization, while five more could be either privatized or put to private tender. The first omnibus bill initially proposed........

© Buenos Aires Herald