In 2024, there were 5,996 cuts registered across the country, representing a 27 percent decrease, but not a total elimination. Currently, the difference between the official dollar and the parallel ones is 13 percent, according to market data.
Exaggerated or misleading: "The economy in 2024 did not fall, but grew by 5 percent." The figure is close, although vacancies reached 33 percent overall and more than 40 percent in tax offices. While December 2024 saw a year-on-year growth of 5.5 percent, the total for the year recorded a decline of 1.8 percent, according to INDEC. According to reports from the city government, the drop was 32 percent in real terms following the repeal of the Rental Law. "We are a country where poverty multiplied by 10 between 1974 and 2023." When Milei took office, the indicator was at 1,923 points.
Sixty-six percent of the cuts affected the private sector through reductions in pensions and subsidies. "The cost of rent decreased by up to 30 percent in real terms." According to UTDT, in the second half of 2024, there were 8.5 million fewer poor people, but when compared to 2023, the reduction was 2.1 million.
False or debatable: "We managed to decrease the number of blockades from more than 8,200 to 0." "Country risk decreased from 3,000 to 750 points." "Today, about 40 percent of the judges of the Federal Judiciary still need to be appointed."
According to the verification, there were true statements, although with nuances, others were exaggerated, misleading or outright false.
In Milei's speech, several verified statements are highlighted, including: "We achieved fiscal balance in the first month of management." "Today, the exchange rate gap is below 15 percent." "We had the lowest homicide rate in South America." "10 million people came out of poverty."
According to InSight Crime, the homicide rate in Argentina was 3.8 per 100,000 inhabitants, the lowest in the region. "The vast majority of the adjustment fell on the public sector." According to official data, in January 2024, the state recorded a financial surplus of 0.3 percent of GDP, achieved mainly through spending reduction.
It is not possible to compare current data with that of 50 years ago due to methodological differences. The Chequeado report shows that, while several claims by Milei are supported by official data, many were exaggerated, incomplete or directly incorrect.
