BUENOS AIRES, Argentina – Argentine President Mauricio Macri says he will seek more sweeping reforms for Argentina after his governing coalition scored a resounding victory in congressional elections.
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Macri’s center-right coalition remains a minority in both houses of Congress. But the coalition on Sunday won in 13 out 23 provinces as well as the Argentine capital. Argentine stocks and bonds rose on the election results.
Macri told reporters Monday that Argentines should expect reforms in tax, education and labor, without providing details.
The conservative leader has been pushing a free-market reform agenda to overhaul Argentina’s struggling economy.
Left-leaning ex-President Cristina Fernandez won a Senate seat, but she came in a distant second in her multi-seat district.
Analysts say that her chances of a presidential run in 2019 have been diminished.
