A year after becoming president, Javier Milei has been praised inside and outside Argentina for reining in galloping inflation. But his economic policies have inflicted widespread hardship.

The populist president enjoys widespread public support, but analysts say rising poverty and unemployment could spin into a political maelstrom.

Argentina's libertarian President Javier Milei laid out a bleak vision in his maiden speech a year ago amid an economic crisis. He warned there was "no money", pledged shock therapy for the economy and said things would get worse before they got better.