Javier Milei remains firmly in office as Argentina’s president through his constitutional term ending December 2027, with traders assigning just a 4.6% chance of an early exit. His La Libertad Avanza bloc strengthened its congressional position after the 2025 midterms, enabling continued legislative progress on labor, tax, and deregulation reforms despite persistent low approval ratings around 35-40% and rising unemployment. Fragmented opposition parties, particularly a divided Peronism, have shown limited capacity to mount effective challenges or build the supermajorities needed for impeachment. Milei has publicly confirmed plans to seek re-election in 2027 under Article 90, which permits one consecutive term, while adapting coalition-building tactics with governors. Realistic shifts could stem from a major corruption scandal eroding legislative support, a sharp economic reversal, or health-related incapacity, though no such developments currently appear imminent.