The president reviewed the fiscal legacy and pointed out that "we received 15 points of deficit between the Treasury and the Central Bank," highlighting the magnitude of the challenges he faced. He stressed that the deficit in Argentina "is either high or excessively high, even bisonic," and considered it the main cause of economic imbalances. "We've achieved a lot, but there's still a lot to do; let's make all this effort worthwhile," Milei added, highlighting the progress of his administration in the face of opposition.
President Javier Milei returned to Córdoba this Friday to formalize La Libertad Avanza's national campaign, following his resounding victory in the province. The city where Milei obtained 74% of the votes in the presidential runoff will be essential in supporting libertarian candidates. Before starting the political agenda, he participated in the ceremony for the 125th anniversary of the Córdoba Stock Exchange.
The head of the Stock Exchange, Manuel Tagle, highlighted that "with Kirchnerism we were an institution that defended freedom tooth and nail," reaffirming the entity's commitment to fiscal balance. The businessman also praised Milei's career, stating that "Javier has been an institution that is an example of tenacity and political growth." At the end of his speech, Tagle asked the president to think "about the next four years" and added: "We need you to have more than one term."
Milei began his speech by emphasizing that "the stronger the process of change, the greater the resistance," receiving a prolonged round of applause from those present. The president thanked "Manuel's flattering words" and stressed that "overcoming the status quo is not easy." He reiterated that a cultural change is necessary to return the country to development and warned that "violating the budget restriction is not free."
Manuel Tagle, titular de la Bolsa de Comercio de Córdoba, presentando al presidente
Milei's criticism of Schiaretti and defense of fiscal balance policies
Upon his arrival in Córdoba, the president questioned the ideas of former governor Schiaretti, stating: "Some proposals are unbelievable... days ago former governor Schiaretti made a proposal to spend more, very nice but it implied raising the fiscal deficit by 7 points of GDP. I would ask the former governor if he is thinking of raising VAT to 42%, if he is thinking of financing that spendthrift madness by plunging more people into poverty."
During the event at the Stock Exchange, he reiterated that a plan to increase spending would mean raising VAT to 42% and deepening poverty. Milei emphasized that these proposals are clear examples of irresponsible spending that go against the fiscal order necessary for economic growth.
Milei also highlighted the slowdown in inflation and the economic recovery, explaining that "the economy hit bottom in April 2024," from where it began to expand steadily. He stated that the adjustment made was expansive, focused on the "parasitic State" and not on productive citizens. With these results, he assured that the government's policy demonstrates that it is possible to grow without compromising fiscal balance or economic freedom.
Milei criticó con dureza las absurdas propuestas de Schiaretti
Business support and expectations for the presidential visit
Tagle highlighted the importance of maintaining constant dialogue between the private sector and the government so that the State becomes a strategic ally. He also stressed that Milei's presence in Córdoba demonstrates support for fiscal balance policies and the defense of economic freedom. The president of the Stock Exchange indicated that Milei would be accompanied by key officials, generating expectations among businesspeople seeking to consolidate projects.
The Juan Bautista Alberdi auditorium was the venue for the event, highlighting the continuity of policies that control spending and encourage private investment. The agenda included relevant economic announcements and a reminder of the national broadcast that reinforced the message of fiscal balance. The event allowed Milei to reinforce his image of leadership and ability to implement responsible reforms, rewarded by productive sectors and businesspeople.
Milei highlighted the opposition's resistance to change and recalled that since February or March they have not stopped putting obstacles in the way. He recalled the achievements reached despite parliamentary weakness and reaffirmed that "this government has lifted 12 million Argentines out of poverty." He concluded by assuring that "we've already seen who's in charge, we've seen the outlaws," emphasizing the strength of his administration in the face of irresponsible spending proposals and support for sectors that produce and generate employment.
