President Javier Milei participated this Monday in the Opening of Activities 2026 of the Córdoba Stock Exchange (BCC), where he gave an extensive speech to an audience full of businessmen and private sector leaders.
The president arrived accompanied by his sister and Secretary General of the Presidency, Karina Milei, the Chief of Staff Manuel Adorni and the president of the Chamber of Deputies, Martín Menem. During his speech, the head of state defended the economic direction of his government and maintained that the country is experiencing a unique opportunity to reverse decades of decline. “Argentina is facing a great opportunity to grow again and to be great again,” he said at the beginning of his presentation. Milei explained that the central objective of his administration is to turn the country into one of the freest economies in the world, and highlighted concrete advances since coming to power. “My point to the ministers is: we are going to work to make Argentina the freest country in the world. Since we came to the government, we have advanced 40 positions in economic freedom,” he said.
A central part of the speech was dedicated to questioning socialist ideas, which the president blamed for the economic and social deterioration of Argentina. “The socialists, even though they have terrible ideas, despite the fact that they have tried it in nearly 45 countries and have always failed, are still fighting,”
he said.
As he explained, his government model is based on three pillars for decision-making: ethical and moral values, economic efficiency and rejection of political utilitarianism. Within this framework, he vindicated Western values and natural rights as the basis of economic development. “The values that guide our decisions are the values of the West, the Judeo-Christian values, where two natural rights appear clearly: the right to life and the right to freedom
,” he said. He
also questioned the concept of social justice, which he described as an immoral practice based on the confiscation of resources. “I come at gunpoint, I steal from all of you and give them to others. In political terms, I can win with 80%, but in moral terms it's sinister, because I'm stealing and stealing is wrong,”
he said.
On the economic front, Milei defended the results of his stabilization program and assured that the country avoided hyperinflation at the beginning of his term of office. “When we arrived, wholesale inflation was 54% and the dynamics led us to hyperinflation of around 15,000% per year,” he explained. In that regard, he was optimistic about the disinflation process. “Sooner or later we are going to defeat inflation. In August, the CPI could start with 0,” he said
.
The president also addressed the social situation and maintained that, despite the seriousness of the problem, there was a strong improvement compared to the peak reached after economic sincerity. “Poverty rose to 57% when we opened up about what was happening. If we lower it from 57% to 30%, there are about 15 million Argentines who came out of poverty,”
he said.
Another axis of the discourse was fiscal policy. Milei stressed that his administration managed to achieve balance in public accounts in record time. “We said we were going to go to zero deficit. Not only did we do it in the first year, but we did it in the first month,” he remarked. He also stated that the government managed to significantly reduce the country's indebtedness. “We took on $500 billion of consolidated debt and we've already lowered our debt by $50 billion,” he said. According to the President, fiscal discipline made it possible to improve international perception of the Argentine economy. “When we won the PASO, the country risk was 3,000 points; today it is around 500 or 550,” he said
.
Finally, Milei listed the sectors that, according to the government, will boost economic growth in the coming years, including mining, energy, agro-industry, knowledge economy and the financial system. “Argentina has copper, lithium, gold, rare earths and energy resources that can turn us into a power,” he said. The President concluded by assuring that growth will be based on three engines: economic deregulation, human capital development and trade openness
.
“When you eliminate regulations, you give back property rights and free up economic growth,” he said. And he closed his speech with a statement that summarizes the direction of his administration: “We are going to continue on this path that will make Argentina great again
.”
