President Javier Milei’s administration is entering a decisive period — “the hourglass has turned.” The coming three months will define whether his reform agenda can deliver tangible results before social patience wears thin. The postponed pension reform may wait, but a sweeping labour reform and other key legal changes are scheduled for submission on December 9, as the government rushes to secure broad legislative approval.

A High-Stakes Legislative Sprint

With the upcoming extraordinary parliamentary sessions, the government plans to present a series of major laws. The focal point is a strong labour overhaul, aiming to deregulate labor relations, reduce union dominance, and simplify hiring and firing. This push reflects the administration’s commitment to modernizing the economy and enhancing competitiveness. Meanwhile, more controversial measures — such as changes to pension rules — have been put off to avoid public backlash and social unrest ahead of the approval process.

The mood among union leaders is tense: some have already harshly criticized the reforms, describing them as aggressive and risking workers’ protections. The administration nonetheless proceeds, reportedly with a hard-line draft from its economic team. The coming weeks are expected to intensify confrontation between state, unions and business interests.

Political Risks and Economic Pressure

The urgency stems from economic realities: although macroeconomic stabilization has advanced under Milei, many citizens still wait for relief from inflation and stagnant wages. With this “window of opportunity,” the government aims to capitalize on electoral momentum and deliver results. But if reforms stall or social discontent rises — especially in the face of rising unemployment or business closures — the political cost could be high.

Analysts close to the government emphasize that quick, visible effects are vital: without improvements in living standards or employment, approval ratings could erode rapidly. For Milei, this is not just a legislative push — it’s a gamble on social consent and systemic change.

What This Means for Argentina’s Future

If the reforms pass, Argentina could shift to a more flexible labour market, lower state burden, and attract more investment.

The accelerated legislative agenda may redefine public-private relations, weakening union power and boosting corporate dynamism.

But the pressure is enormous: failure could trigger social unrest, political fragmentation, or economic instability.