One day after opening the ordinary sessions of parliament, the president of Argentina maintained that between now and the parliamentary renewal in the mid-term elections, "there are other reforms" that can be "made by decree."
Argentine President Javier Milei assured that, "as long as Congress has its current composition," it will be "difficult to approve the reforms" proposed by his Government. He attributed this situation to the fact that "politicians have no problem harming the interests of Argentines." to maintain their privileges", and said that, between now and the parliamentary renewal in the mid-term elections, "there are other reforms" that can be "made by decree".
This was expressed in an interview he gave to the British media Financial Times , in which he stated that "what became clear" with the frustrated debate of the Bases Law project, for deregulation of different aspects of the economy, is that "politicians do not "they have a problem damaging the interests of Argentines to maintain their privileges."
"As long as Congress has its current composition, we believe it is difficult to approve reforms," said the president, who spread the note published by the Financial Times through the social network X.
In this framework, the head of state anticipated that "there are other reforms that we can make by decree" and pointed out that "you do not get out of poverty by magic", but rather you get out "with capitalism, savings and hard work."
Milei also referred to the difficulties in being able to advance in Congress with the debate of the Bases Law project and assured that he hopes to "return all the reforms after December 11, 2025" after the midterm elections since there remain "3,000 more introduce".
"Those who vote against will be identified as enemies of change," he warned, although he admitted that "in the long term Congress is needed."
On the other hand, Milei considered that there is "zero possibility of a social uprising occurring" in response to the policies promoted by his Government unless there is "a politically motivated event."
"There is zero chance of a social uprising, unless there is a politically motivated event or foreign infiltrators," said Milei, who warned that "left-wing governments work together to try to sabotage those who are not like them." .
Furthermore, he was confident that the country can "grow strongly" next year and that, without exchange controls, there could be "a lot of investment despite not having institutional changes."
"This could be the take-off point so that next year Argentina will be growing strongly, solidly, sustainably and with low inflation," he remarked.
Likewise, he ratified his objective of maintaining zero deficit, "continuing to lower inflation and finishing cleaning up the Central Bank's balance sheet."
"Once the Central Bank is clean, we plan to lift exchange controls. The IMF estimates that we could do so in the middle of the year," he explained and assured that "the word that best represents this Government is hope" while highlighting that His management has "avoided hyperinflation."
“Why would it be risky, when I'm doing exactly what the textbooks say I should do?” he asked himself about the questions about his economic plan.
On international politics, Milei said he plans to organize a “Latin American support summit” for Ukraine later this year.
"It was not a bilateral meeting or a premeditated situation that I had with Donald Trump, it was like the meeting of two friends," he added about the meeting he had with his American counterpart last Saturday within the framework of the Conservative Political Action Conference. (CPAC) in Washington.
MILEI ANTICIPATED A LOWER IN INFLATION AND EXPLAINED THE REASON FOR THE FALL OF THE DOLLAR
President Milei pondered this Thursday the recent behavior of the monetary aggregates of the Argentine economy and its impact on inflation, and anticipated that there will be a fall in the Consumer Price Index (CPI) in February.
"Inflation is always and everywhere a monetary phenomenon that arises from an excess supply of money that causes the purchasing power of the currency to fall and with it all prices expressed in units of local currency to rise," the president said to through your account on the social network X (formerly Twitter).
"The dollar, being a financial asset and therefore adjusting faster than goods, anticipates prices (not that it causes prices to rise)," he justified when explaining the recent fall of the dollar (of about 25 % in last February) with respect to the peso, and the lower inflation in February whose data will be known on March 12.
Likewise, Milei proposed, from "this analytical framework", to analyze what is happening "with the monetary aggregates in nominal, real and GDP terms" and added: "If they don't get the math wrong, they will see the light at the end of the road and understand what makes the caste so nervous," he said.