Why privatizaci Is Trending Today?

Argentina's government, led by President Milei, is actively pursuing the privatization of AySA, the water and sanitation company serving Buenos Aires. The process, however, is currently stalled in Congress. The privatization aims to allow water cuts for unpaid bills and increase tariffs due to inflation and new infrastructure projects. Critics, including former Bogotá mayor Gustavo Petro, argue that privatization in public services like these can be exploitative. The government has officially initiated the process, with the next steps involving the approval of Congress.