The president was very optimistic with the government’s decision to lift the stocks. In addition, he announced that by mid -2026 inflation will cease to exist in Argentina.
President Javier Milei spoke about the rise in inflation and forecast when it will reach zero. He acknowledged that the March data was not good. “The month of April will be better and surely from the middle of the year inflation will begin to drill 1% and for the middle of next year the problem of inflation in Argentina” ended “he said.
In an interview with The observerThe president acknowledged that March inflation, which was 3.7%, is a “bad fact”, although he attributed the rise to seasonal factors, especially for the increases linked to the start of the school year. Despite this rebound, Milei defended his economic program and anticipated that inflation will continue to go down.
Trepó inflation up to 3.7% in March. Thus, it not only advanced for the second consecutive month, but also exceeded the 3%barrier. This increase was driven by education and food, who jumped 21.6% and almost 6%, respectively, according to the report of the Institute of Statistics and Census known as Anses. Indeed, the consumer price index (CPI) accumulated in the year a variation of 8.6%.
The Head of State also celebrated the lifting of the exchange rate, which he described as “breaking a chain of the heaviest and most difficult”, and blamed economists such as Hernán Lacunza, Carlos Melconian, Luis Secco and Marina Dal Poggetto for having “scared” in society, which – according to him – contributed to the dollar’s rise. “They should apologize,” he said.
Milei also acknowledged that the need to go to Congress to obtain authorization to take debt generated “noise” in the economy. However, he stressed that the Government has deepened the fiscal surplus in an electoral year and assured that this time the situation will be different. “In Argentina there is no fiscal deficit. This nobody saw in his life. We overflow all the goals with the IMF. The program is not to finance the treasury but to recapitize the Central Bank,” he explained.
Milei: “There is no more the official dollar, there is a unique dollar that is the market”
The President, Javier Mileisaid that since Monday “There is no more the official dollar, there is a unique dollar that is the market” In the debut of the bands between 100 and 1400. “We received speculative attacks that the dollar was going to go to $ 3,000,” the president denounced.
Milei He highlighted the departure of the stocks by ensuring that with it “another chain” was broken to achieve freedomwhile he pointed to the government of Mauricio Macri by pointing out that during that management “they defaulted debt in pesos.”
Source: Ambito
