IMF approves President Javier Milay’s shock therapy for Argentina’s economy, will soon approve new $800 million tranche

I honestly don’t really follow the economic and political situation in Argentina, but maybe there are people here who are interested in this country. So, two questions:

1) Do you think Argentina has a chance to improve its financial situation? (interest rates have already decreased in several times there)

2) How do you feel about shock therapy in the economy, how effective is it?