Milei spoke at ExpoEFI and assured that 'inflation has a death date.'

In his speech at ExpoEFI, President Javier Milei stated that the economic stabilization phase has ended and that the country is already on the path to growth.

He also criticized those who predicted a catastrophic scenario after the removal of the currency exchange control, and assured that "inflation has a death date." "Inflation is still high, but by the middle of next year it will end," the president assured.

President Milei was the main speaker at ExpoEFI, where he opened his intervention by reviewing the economic legacy received and the critical situation Argentina faced upon taking office. During the acknowledgments, applause stood out when Minister Luis "Toto" Caputo was mentioned, present at the event's opening day.

At the beginning of his presentation, the Argentine president stated that "we have concluded the stabilization phase" and highlighted that "the improvement in activity, employment, and wages has caused poverty to fall 22 points to 35%," and in that sense, he ironically remarked: "The heartless liberals who don't care about people have lifted 10 million human beings out of poverty, something that has never happened in Argentine history with such force in such a short time."

The Minister of Economy anticipated in this context that, in the coming weeks, the Government will implement a measure aimed at promoting the use of dollars within the real economy.

During his presentation, President Javier Milei also delivered strong criticism of the former Kirchnerist Minister of Economy, Martín Guzmán, whom he described as "imbecile, incapable, and underdeveloped" for having promoted a law that requires agreements with the International Monetary Fund (IMF) to be validated by Congress, something that had never happened before.

On April 11, the IMF Board approved the new program with Argentina. Milei's Government has already received an initial disbursement of 12 billion dollars, and the rest will be transferred in the next two months. Thanks to this influx of new funds, the Central Bank's reserves were strengthened and the currency exchange control was lifted, paving the way for a new scheme with floating bands.

The president stated that "for 11 months, real wages have been continuously rising" and anticipated that "inflation has a death date by the middle of next year. And it will end because monetary policy acts with a lag that ranges between 18 and 24 months. Now is the time to start thinking about growth."

"The latest economic data reflected a 5.7% growth in the year-on-year variation, and we are traveling at a speed of 10% due to fiscal savings and zero deficit," Milei revealed, and reaffirmed that "Argentina is one of the 5 countries in the world that have financial balance, therefore, sooner or later it will be investment grade."

Under the motto "Path to stability: keys to a predictable Argentina," the event brings together more than 150 presentations by journalists, analysts, prestigious consultants, CEOs and influential entrepreneurs, recognized academics, and high-ranking officials.

Fifteen minutes before the scheduled time for the president's presentation, the doors to the room where the conference took place at Expo EFI, in the Buenos Aires City Convention Center, were closed.

The lights dimmed to allow the entry of the president, who arrived accompanied by several officials, presidential spokesperson Manuel Adorni, nominated as a candidate for legislator for the City, Minister Luis Caputo, and Deputy Jose Luis Espert.