Milei defended the economic direction and stated that the Argentine economy has begun to grow again.

The president Javier Milei defended the economic program of his Government and assured that the Argentine economy has begun a new stage of recovery, driven by fiscal balance, monetary adjustment, and the process of deregulation.

During his presentation at the event “Argentina 2026: global insertion, future of the Argentine macroeconomy, and implications for the micro,” organized by the Banco de Valores at the Museum of Latin American Art of Buenos Aires (MALBA), the president stated that “despite negative shocks, the economy is beginning to show signs of expansion.”

At the beginning of his speech, Milei emphasized the centrality of fiscal order within the official economic framework. “Fiscal balance has become a state policy, and it is our declaration to the world that we will honor our commitments and that we have left behind that serial defaulting Argentina,” he expressed. The President was accompanied by the Chief of Cabinet, Manuel Adorni, and the Minister of the Interior, Diego Santilli.

In his analysis of the global context, the head of state stated that the country is in a favorable position compared to other economies.

“The current international context finds us as the best-positioned country in the face of this crisis, because we are the only one in the G20 with fiscal balance and energy surplus,” he maintained. In that line, he reaffirmed that the libertarian administration will continue with the process of reducing public spending and implementing structural reforms.

The president also referred to legislative advances that will contribute to energizing the economy. Among them, he mentioned the approval of the first budget with fiscal balance in Congress, the labor modernization law, and the reform of the Glaciers Law. As he explained, these initiatives will allow Argentina to “have a lot of investments.”

He also highlighted the agreement reached between Mercosur and the European Union after 25 years of negotiations, considering it a key step for the country's international insertion.

In another part of his presentation, Milei focused on the role of the private sector. “Without entrepreneurs, there is no possible growth,” he affirmed, while anticipating that the economy will tend to align with the scheme of the Incentive Regime for Large Investments (RIGI).

“The economy will converge to the RIGI scheme because our intention is to continue lowering taxes, eliminating restrictions, and making the economy freer,” he pointed out.

The President also highlighted the evolution of the main macroeconomic indicators. “We are entering a path where the inflation rate continues to fall and the economy begins to expand,” he indicated.

In this sense, he stated that the continuity of current policies will be decisive for consolidating growth. “If we maintain this path of fiscal balance, openness, and deregulation, the country is facing an enormous growth opportunity,” he concluded.

The event was attended by businessman Eduardo Costantini and the president of VALO, Juan Nápoli, who welcomed the president at the closing of the meeting.