The massive infusion of dollars into the government’s coffers allowed Milei to announce, effective Monday April 14, the end of much of Argentina’s regime of currency controls, imposed in 2011 by then-President Cristina Kirchner in an attempt to halt capital flight and prop up the Argentine peso.

The International Monetary Fund disbursed on Tuesday the first installment of Argentina's new $20 billion bailout after President Javier Milei removed most of Argentina’s strict capital and currency controls.

Argentina’s trains and subways were disrupted, flights grounded, grain shipments interrupted, mail delivery halted and banks and some gas stations shuttered as unions held a general strike against the libertarian government of President Javier Milei.