Argentina
Milei addressed investors in New York and said 2028 could be a record year for the Argentine economy
The President defended his economic program before business leaders and executives at The Economic Club of New York. He also sought to project calm ahead of the election year and said the Government has tools to face any turbulence.
Javier Milei spoke before investors and executives in New York, at the close of his trip to that city, and once again defended the course of his economic program. During a presentation at The Economic Club of New York, he said that if his government is reelected, 2028 could become the best economic year in Argentine history.
According to the media outlets that covered the event, the President spoke before an audience of more than 150 people, made up of figures from the financial and business world. After his presentation, he held a conversation with John Micklethwait, global editor of Bloomberg.
In his remarks, Milei said that investments in sectors such as Vaca Muerta, mining and energy are already advancing strongly and that process could accelerate even further. He also said that Argentina has posted 27 consecutive months of growth and that the improvement is reaching different sectors of the economy.
With an eye on the electoral scenario, the president sought to reassure markets. He said that for next year there will be “certain stability” and said the Government has built a “bazooka of reserves” equivalent to 75,000 million dollars to face political risk.
During the speech, Milei also said they are “armed to the teeth to face kuka risk,” an expression he used to define political risk. He also said that reelection would allow the economic course to be consolidated and urged investors to bet on the country now.
Todo Noticias also reported that, during the same day, the Government announced an agreement with the United States for investments of up to US$7,000 in infrastructure in the Andes-Atlantic Corridor.
According to Todo Noticias, Milei was accompanied by Pablo Quirno, Alec Oxenford and Peter Lamelas. Clarín, La Nación and Radio Mitre added that among those present was also the Minister of Economy, Luis Caputo.
La Nación added that, in his presentation, Milei also spoke about artificial intelligence and said that Argentina will not move forward with regulations on that technology. That outlet also noted that the President was asked about the issue of the Malvinas Islands and replied that their inhabitants would be treated “with dignity and with justice,” while reiterating Argentina’s position on sovereignty.
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 conduct its own reporting on this event.
