President Javier Milei highlighted the support from the U.S. Treasury and anticipated a key meeting with Donald Trump
The president also announced a "very important" meeting with Donald Trump at the White House in the middle of the month. "Good things are coming," he said, in the context of an international agenda that strengthens Argentina's global projection under his administration.
Looking ahead to the legislative elections on October 26, Milei described the election year as "hell" due to the hostility of opposition sectors: "You have a part of the opposition that is very destructive, on the other side the allies, with whom we're working on building consensus to deepen Argentina's openness."
Still, he highlighted progress in building governability: "We met with Mauricio Macri. We're building the foundation for structural reforms. The electoral fireworks make it seem like the process is more evenly matched than it is actually flowing."
Regarding the social situation, he acknowledged that "there is a 31% poverty rate, an enormous and abhorrent number, the result of 100 years of decline. We were handed an underdeveloped country that was on its way to becoming Venezuela." In light of that diagnosis, he reaffirmed his long-term vision: "If we continue with this program, in 10 years we'll be Spain (10 años) and in 20 Germany (20 años)."
Finally, he projected that his economic plan will yield irreversible results in the short term: "We're confident that by the middle of next year inflation will disappear." However, he clarified that it could be affected by factors external to the program.
President Javier Milei reaffirmed his commitment to the "moral contract" he sealed with Argentinians during his campaign and defended the progress of his economic, political, and social program. "My intention is to fulfill the contract with the people. The things I said I was going to do, I'm doing them. I said I was going to lower inflation, and I did," the president stated in an interview with Gabriel Anello on Radio Mitre, where he also presented the journalist with the "official presidential cap", a symbol of closeness to the citizenry.
On the international stage, Milei emphasized the importance of the agreement reached with the United States Treasury, led by Scott Bessent, whom he compared to Lionel Messi for his talent and vision: "He is a person who understands the root nature of the problem, he was very generous with me, both in Buenos Aires and during the Global Citizen speech."
The president explained that the financial operation agreed with Washington is organized into three blocks: a swap that will provide liquidity, the possibility of acquiring securities in the secondary market and sharing profits, and the option to purchase debt in the primary market.
"When we lifted the currency controls, I said we had to clean up the BCRA's liabilities. Toto Caputo told me he thought it was exaggerated, but I replied that it wasn't, because if they can do harm, they will. That's why we built a wall to protect the economy of Argentinians," Milei explained, alluding to the central role of his Minister of Economy in the financial shielding strategy.
