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These are some of the faces of anxiety that Argentines are dealing with after President Javier Milei’s administration announced economic shock measures aimed at tackling the country’s severe crisis, including a sharp devaluation of the peso by 50%, cuts to subsidies and the closure of some ministries.

Milei himself has warned people that these steps will cause some pain, but he insists they are needed to curb triple-digit inflation and have sustainable economic growth in the future.

Milei, a 53-year-old economist who rose to fame on television with profanity-laden tirades against what he called the political caste, got enough support to become president among Argentines disillusioned with the economic crisis.

He took power in a country where annual inflation is running at 160.9%, four of every 10 people are poor and the trade deficit stands at $43 billion.

That puts it closer to the U.S. currency’s value on the parallel retail market — popularly known as the “blue dollar,” which is over 1,000 pesos.

“This crying face I have is because my best friend has just lost her job after joining the national Ministry of Culture last year,” she said.

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