President Javier Milei led the closing speech of the 12th edition of the Latam Economic Forum this Thursday, where he reaffirmed the economic direction of his administration and launched harsh criticisms against the opposition and operating journalists.
The event, held at the Goldencenter hall in Parque Norte, in the City of Buenos Aires, brought together about 300 businesspeople, officials, and analysts, in one of the most significant meetings in the regional economic sphere.
During his presentation, Milei rejected claims suggesting a supposed lack of initiative from his Government and responded with irony: “The supposed government that has no initiative and is paralyzed, the other day in the Chamber of Deputies we won 13 to 0.”
The coup-plotting opposition
In this context, the president denounced maneuvers by the opposition aimed at destabilizing his administration. He claimed there was an attempt at a coup d'état in Congress with the goal of destroying fiscal balance, one of the central pillars of his economic program.
Milei also detailed that his administration faced seven impeachment attempts and the presentation of about 40 legislative initiatives against him, which resulted in an outflow of Argentine assets over the past year, due to what is termed "Kuka Risk."
Regarding the economy, the president defended the results achieved so far. While he acknowledged that inflation remains high, he assured that his Government managed to avoid a critical scenario: hyperinflation that “was traveling at one and a half daily.”
Additionally, he stated that the Argentine economy is growing at an annual rate of 5.5% and projected that the country will become an attractive destination for large investments, reaching investment grade status.
