President Mauricio Macri’s governing coalition (Cambiemos alliance) won decisive victories in the 5 biggest electoral districts across the country in midterm elections of October 22, 2017 that were widely seen as a referendum for the center-right leader’s since he took office in 2015.

 In the closely watched province of Buenos Aires, Esteban Bullrich (ally of Mr Macri) defeated ex-President Kirchner. However, Mrs Kirchner was assured election to the Senate and to enjoy judicial immunity provided by a Senate seat considering all her current legal troubles, even though her party came in second behind Macri’s coalition. Two of the three Senate seats elected in the province of Buenos Aires went to party with the most votes, while the third was reserved for the second-place party.

The result will mean gains for Macri in both houses of Congress, and reinforce his ability to implement chances in the tax and labour laws which are for him necessary to improve the country’s economy. Those results are positioned him as a candidate for re-election in 2019, likely against Mrs Kirchner, and set up a very positive message for foreign investors .