Argentina
Milei said in New York that a reelection in 2027 would open the best economic year for Argentina in 2028
The President spoke before investors and business leaders at The Economic Club of New York, where he defended his economic program and sought to convey stability ahead of next year’s election. He also again criticized Axel Kicillof.
Javier Milei said in New York that, if his political space secures reelection in 2027, 2028 could become the best economic year in Argentine history. He said so during a presentation before more than 150 business leaders, bankers and investors at The Economic Club of New York, at the close of his tour of the United States.
During his remarks, the President said the improvement would not be limited to the financial front, but would also reach the real economy. In that context, he said investments are already advancing strongly and mentioned Vaca Muerta, mining and energy as sectors with the potential to accelerate that process.
Milei also said that Argentina “is growing at a dizzying pace” and spoke of “27 straight months of growth,” with an impact, he said, across all sectors of the economy. He also linked that scenario to a future improvement in wages from the inflow of capital and the expansion of activity.
Before the audience, he sought to send a signal of predictability ahead of the electoral calendar. According to iProfesional, he said that “for next year we have guaranteed stability” and stated that the country has a “bazooka of reserves” worth about 75,000 million dollars. That estimate, according to that outlet, included Central Bank reserves, futures positions and international financial agreements.
In that same vein, Milei again used one of his usual expressions when he said they are “armed to the teeth to face the kuka risk,” in reference to political risk. He also said that, if he wins a second term, his administration could become the first non-Peronist one to be reelected since the return of democracy.
The president combined the economic definitions with references to the local political landscape. During the event he again launched criticism against Buenos Aires Province Governor Axel Kicillof. According to C5N, he also extended his criticism to the rest of the opposition during his presentation.
After the speech, Milei took part in a conversation with John Micklethwait, global editor of Bloomberg. C5N added that in that exchange he was also asked about the Malvinas issue and replied that sovereignty over the islands belongs to Argentina, in addition to saying that their inhabitants would be treated “with dignity and with justice.”
Present at the event were Luis Caputo, Pablo Quirno, Alec Oxenford and Peter Lamelas.
Sources
About this note. Written by El Notero with the assistance of artificial intelligence, based on what was published by the cited outlet. El Notero did not do original reporting on this event.
