The opposition candidate, Javier Milei, has won the second round of Sunday’s presidential election in Argentina with 55.69% of the votes against government leader Sergio Massa’s 44.30%. Massa, who currently serves as Argentina’s Economy Minister, is considering whether to request leave from office and is waiting for a meeting between President Alberto Fernández and the president-elect to make any decisions.

According to official sources, there is a scheduled meeting between Massa and his economic cabinet at the Ministry of Economy, but it is unknown whether this will occur before or after the meeting between Fernández and Milei. The two are expected to meet on Monday, which is a public holiday in Argentina, at the presidential residence in Olivos on the outskirts of Buenos Aires.

After acknowledging his defeat, Massa stated that he has communicated with Milei to congratulate him and proposed mechanisms for linking and transitioning democratic change. Milei declared that the Fernández government is leaving behind a destroyed economy that is on the way to hyperinflation, as well as encountering problems in the exchange market, relative prices, and debts.