Scott Bessent praised Milei and said that his reforms are “a fantastic success”

Scott Bessent praised Milei and said that his reforms are “a fantastic success”
porEditorial Team
Argentina

The Trump official stated that the reform process in Argentina represents a global success story.

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The Secretary of the Treasury of the United States, Scott Bessent, once again expressed strong support for the Government of Javier Milei and assured that the reform process in Argentina represents a global success story.

During his participation in an event at the Institute of International Finance, Donald Trump's official emphasized the results achieved by the current administration.

“Argentina has been a fantastic success. They are accumulating reserves every day. Tens of millions of people have been lifted out of poverty and it is very interesting to see that the poorest and the youngest voted for the government of Javier Milei. There is optimism there,” said Bessent

.

The statements are part of a line of sustained support from the Trump administration for the Argentine government, which has already included financial assistance, trade agreements and political support in favor of the libertarian

economic program.

In his presentation, Bessent also focused on the role of multilateral organizations in the Argentine process, in particular the International Monetary Fund and the World Bank. “The IMF was willing to say that this time it was different with Argentina, and Argentina has been a resounding success,” he said, while congratulating the agency's managing director, Kristalina Georgieva, for the strategy adopted against the country

.

International support comes at a key time for the local economy. The official's statements were released a few hours before the release of the March inflation figure, and that a new slowdown is expected starting in April

.
Javier Milei and Scott Bessent.
Javier Milei and Scott Bessent.

In parallel, the Government of Milei continues to negotiate with the IMF to approve the second revision of the current program, which would unlock an outlay of close to 1

billion dollars.

Venezuela

In parallel with the Argentine case, Bessent also referred to the situation in Venezuela after the capture of former narco-dictator

Nicolás Maduro.

In that context, he emphasized the role of international organizations in the country's economic normalization. “The IMF is working to bring Venezuela back to a more normal economy, and I think we will play a very important role there,” he said.

The Secretary of the Treasury's definitions reinforce the political and economic alignment between the United States and Argentina, in a scenario where the Milei government seeks to move forward with its structural reform program.


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