ocr: Argentina is a multiparty democracy; the president is head of state. Main Political Issues Maintaining economic stability Carlos Menem's radical privatization policies and his vigorous cutting back of the state sector succeeded: in reducing intlation from a high of over 7,000% to 18% by 1992. A new currency, the peso, introduced: in 1992, has maintained parity with the dollar. The central aim of policy now is to maintain growth, keeping a tight rein on: intlation, and encouraging foreign investment. Carlos Menem's reelection Until 1993, Argentina's constitution prevented presidents from standi ...
