Manuel Tagle: 'The outcome of the elections was extraordinary'

Manuel Tagle: 'The outcome of the elections was extraordinary'
President Milei together with Manuel Tagle
porEditorial Team
Argentina

The president of the Córdoba Stock Exchange stated that 'society has decided to turn its back on demagoguery, wastefulness, and deficits.'

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The president of the Córdoba Stock Exchange, Manuel Tagle (h) stated that the resounding victory of La Libertad Avanza in Sunday's elections "was an extraordinary triumph."

The head of Grupo Autocity also stated that the enormous support garnered by Javier Milei's government is "a turning point for a government that is implementing a liberal plan in the economy and politics, a general deregulation of the economy, making the variables transparent."

Manuel Tagle destacó el enorme triunfo de La Libertad Avanza.
Manuel Tagle destacó el enorme triunfo de La Libertad Avanza.

"I believe that the government is generating a situation of approval in society that was unthinkable until yesterday," he said.

Tagle, who weeks ago gave strong support to the president by receiving him at the Stock Exchange, insisted that, with its vote, "society decided to turn its back on demagoguery, waste, deficits, excessive public spending, chronic inflation, and decided to give Milei's plan one more chance."

He also considered as "very valuable" the adjustment made by the president in his first year in office.

"Later, he achieved the colossal support of the United States for his economic plan, which Trump did essentially due to ideological affinity with the guidelines of the policy adopted by Milei in both the economic and political phases," he added.

Manuel Tagle destacó el enorme triunfo de La Libertad Avanza.
Manuel Tagle destacó el enorme triunfo de La Libertad Avanza.

"I believe that has enormous value," he pointed out.

Tagle and the few votes for Kirchnerism

Tagle also highlighted the small number of votes obtained by Kirchnerism in the elections, which implies that "society decided to support a plan for macroeconomic order, freedom, free market, fiscal surplus. The people understood, from an electoral point of view, that this was the way."

The businessman expressed confidence that Sunday's victory will allow the government to definitively turn around the economic situation.

"After this popular support at the polls, it is now very difficult to go back and to think about reversing the course that Milei has given to the economy today and that is what is yielding results."

Tagle and the end of populism

"It seems to me that Argentina is going to leave behind all the populist and harrowing experiences it has had, where poverty reached 52% (114.6 pounds). I believe this is now behind us and now it has a historic opportunity to consolidate its plan, to reach the second stage, which is to generate and perceive the economic results of the initial stability," he added.

Manuel Tagle destacó el enorme triunfo de La Libertad Avanza.
Manuel Tagle destacó el enorme triunfo de La Libertad Avanza.

Regarding the future outlook, Tagle was very optimistic.

"We are going to have credit, a lower interest rate, a low country risk. We have entered a virtuous circle and we have left the vicious circle in which we were harassed by politicians and legislators trying to undermine Milei's economic plan," he said.

"In this case, I believe this is the great meaning of yesterday's election and it gives us a historic opportunity together with the United States government and together with the adjustment plan that Milei has already implemented in its first stage," he added.

Manuel Tagle's view on the elections in Córdoba

"Córdoba's situation is not exempt from this general analysis, the people of Córdoba also decided to support Milei's plan and perhaps turned their backs on a government that has been in power for many years," he stated.

"essentially, it was decided to go against the president's economic guidelines, which is precisely what the electorate has now decided to support, the president's economic and political direction."

"Therefore, that is why Córdoba's Peronism lost in these elections because it bet on support against Milei's economic plan", he concluded.


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