At 9 p.m., a recorded message was broadcast by national chain where the President of the Nation, Javier Milei, He made a report on his first year in office and highlighted the priorities that his administration has for 2025. Surrounded by the members of the Executive Branch Cabinetconfirmed that “we have made the largest structural reform in history“and anticipated that”the deep chainsaw is coming“.
The president began by thanking the audience “for having endured the hard months we had at the beginning of our administration. “I would especially like to thank the Argentines mistreated by the unfair caste model, those who do not live off the State, the salaried and those who have two jobs to support a family.”
“You reciprocated by enduring the bitter pill with your heads held high despite everything you had already lost,” the President acknowledged and assured that “we have passed the trial by fire. The recession is over and the country has finally started to fall.”. “Happy times are coming in Argentina“, forecast.
After mentioning the inflation of the last administration, he predicted that “we are closer to May inflation be just a bad memory“. “Today we have fiscal surplus sustained, default-free for the first time in the last 123 years after making the biggest adjustment in human history and to apply a tourniquet to the monetary issue until it is brought to zero,” he stated.
It was the seventh national channel of president Javier Mileiafter the announcement of the DNU 70/2023 days after taking office; another two for management evaluation prior to the end of their first semester in office; another two for May 25 and July 9; and the presentation of the project Budget 2025 (which was ultimately not approved).
Javier Milei on national television: debt, currencies and exchange rate
In his message recorded by national chainhe President of the Nation pointed out “today not only the debt is cleared but also the import flow because it is paid in a timely manner.”
In this framework, he indicated that “a year ago we had more than one point of GDP of trade deficit and negative net reserves of US$ 11,000 million; today we have a trade surplus growing by leaps and bounds, thanks to which we were able to buy more than US$ 20,000 millionboth for accumulate reserves to meet the payments we had“.
“Today the exchange gap is practically dead and the free dollar It is at the same value as a year ago. 16 years ago something like this did not happen in our country. This caused the average salary to grow by US$300 to US$1,100“, he stated. In the financial field, he noted that “the country risk is below 700 points and our bonds are above US$70” and stressed that “Today banks prefer to work as banks. Today we not only have installments, but also 30-year mortgage loans.”.
Javier Milei on national television: Human Capital, Security and Foreign Relations
He President of the Nation He highlighted other areas of the Government complementary to economic management. Thus, in terms of social assignments, he highlighted the “elimination of middlemen“and the increase in Feed Card and the Universal Child Allowance (AUH). “We kept our promise to care for the most vulnerable during the adjustment,” he said.
In reference to security, he understood that “a year ago, having the streets hijacked by pickets was the norm” but “today the picketers are afraid to take to the streets and people can move calmly and with reason, because for us public order is sacred.” “Our law enforcement forces were despised by our political class; the street was no man’s land and every man for himself prevailed,” he said in reference to the past and promised three laws: aggravation of repetition, anti-mafia law and reduction of imputability.
Regarding the international relations, Javier Milei He reflected that “It was customary for Argentine governments to be a laughingstock worldwide associated with the worst dictatorships” and “We were an irrelevant country or an example on the entire planet of what cannot be done or said.“Today the world once again sets its sights on Argentina for the right reasons,” he compared and anticipated that “citizens and investors from all over the world are evaluating the possibility of coming here.”
MILEI CHAIN CAPTURE 3
Javier Milei on national network: projections to 2025
At the end of the assessment of what he considered management achievements, Javier Milei He understood that his management expresses “a ratification that our next objectives will also be a reality.” “We are entering a year of low inflation, high economic growth and, consequently, a sustained growth of purchasing power of the Argentines,” he reiterated and promised “a harsh audit to move forward with the reduction of public spending“.
“The economy has entered a cyclical recovery that is taking us out of the hole they left us,” he interpreted and based on two arguments: “The recomposition of the real wages and the retirements for the destruction of the inflation. On the other hand, the stock recomposition of the companies that are going to boost the economy after the liquidation of inventories of the first semester”.
Furthermore, he announced a “structural tax reform that will reduce the amount of national taxes by 90% and it will return to the provinces the tax autonomy that they should never have owed. next year we will see true tax competition between the provinces to see who attracts more investments.” In turn, he supported the RIGI: “We will have the growth terrain full of new players that we never had in our countrybased on giving it a logical fiscal framework”.
Highlighting energy resources, land expansion and the development of Argentine human capital, he promised a “Argentine nuclear plan, which includes the construction of new reactors“. In turn, he said that in 2025 “there will be no expansive fiscal and monetary policy”: “We are not going to fall into this temptation that seduced the caste, because we are the future and prosperity. We will continue with our tax adjustment and elimination plan“. “Get on the train of progress or be overwhelmed,” he concluded.
Source: Ambito
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