Argentina's political landscape experienced a seismic shift in the wake of Sunday's primary election, with the electorate voicing clear dissatisfaction with the traditional political forces, according to Reuters.

The surprising victor was libertarian economist and rock-singing maverick Javier Milei, who garnered a remarkable 30.5% of the vote with approximately 90% of ballots counted.

His performance far outpaced predictions, overshadowing the main conservative opposition bloc at 28% and relegating the ruling Peronist coalition to third place with 27%.

This electoral outcome marks a resounding rebuke to the center-left Peronist coalition and the principal Together for Change conservative opposition.

Argentina currently grapples with a crippling inflation rate of 116% and a dire cost-of-living crisis that has pushed 40% of the population into poverty.

Following the results, Milei declared in a fiery address, "We are the true opposition... A different Argentina is impossible with the same old things that have always failed."

While not a formal general election, the primary ballots hold significant weight, as participation is mandatory for most adults and offers a preview of voter sentiment ahead of the pivotal October 22 general election.

The forthcoming October election carries substantial implications for Argentina's agricultural sector - a global leader in exporting soy, corn, and beef.

Additionally, the election's outcome will significantly shape policy decisions regarding the peso currency, government bonds, and ongoing negotiations concerning a $44 billion debt settlement with the International Monetary Fund.

As the polling stations closed and voting system glitches resulted in long queues in Buenos Aires, the talk of the town shifted to Milei.

His audacious policy positions, such as advocating the abolition of the central bank and dollarizing the economy, have captivated public attention.

Former conservative President Mauricio Macri expressed astonishment at Milei's rapid ascent, stating, "Milei's growth is a surprise. This speaks of people's anger with politics."

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Argentina Peso Plunges as the Result of Primary Election

The Argentina peso experienced a significant decline following the victory of an anti-establishment candidate in the primary elections, AP reports.

Javier Milei, who admires former President Donald Trump, secured the largest share of primary votes, shaking up Argentina's political landscape.

This outcome will be crucial in determining the country's next president, especially given the nation's ongoing economic challenges.

Milei's unconventional proposals include replacing the peso with the dollar and abolishing Argentina's Central Bank.

He has expressed skepticism about climate change, criticized sex education, and advocated for the legalization of the sale of human organs.

Moreover, Milei calls for deregulating the legal market for firearms and the responsible use of guns by citizens, a notable stance in a country with strict gun ownership regulations.

In response to this unexpected electoral outcome, the Argentine government decided to devalue the local currency by 20%.

Who Is Javier Milei?

Javier Milei, 52, emerged as an embodiment of public disenchantment with the established political establishment.

His provocative style, replete with rock anthems and leather jackets, aims to address the enduring economic crisis that has plagued Argentina, Al Jazeera noted.

Advocating for a dismantling of the traditional order, Milei has proposed dollarizing the economy, streamlining government ministries, and pursuing market-oriented reforms.

As he solidifies his position as a frontrunner for the October presidential elections, Milei's ascendancy has highlighted the palpable yearning for change among Argentines.

In his celebratory statement, Milei articulated, "Today we took the first step toward the reconstruction of Argentina... A different Argentina is impossible with the same people as always."

The underdog's surge in popularity has positioned him as a disruptor within the political landscape, representing a departure from the status quo that has long defined Argentina politics.

As the nation looks ahead to October, the rise of Milei underscores the growing call for transformation in the face of entrenched challenges.

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Written by: Rick Martin

WATCH: Far right Javier Milei wins Argentina's primary election - From The Times and The Sunday Times