President Javier Milei stated that after the electoral setback in September, there was a shift in his administration's approach: "It was a blessing because it forced us to rethink many things." He emphasized that fiscal and monetary policy are now aligned, and the problem of inflation in Argentina has been solved. "Zero deficit is now a state policy, shared even with the governors," Milei said. During an extensive interview with A24, the head of state assured that "he has fulfilled all his campaign promises in less than two years of government" and promised that "by mid-2026, inflation will have disappeared in Argentina." Milei highlighted that his government "achieved in one month what Argentina could not achieve in 123 years: reaching fiscal balance." "When the economy grows, employment and wages also grow. I was hired to do a job, and I will fulfill it," he affirmed. When asked about his more conciliatory tone and gestures towards the governors, Milei responded: "Consensus is embracing the policies that will make Argentina great again. We all agree that fiscal balance is here to stay." Milei announced that the country is "entering the stage of second-generation reforms," aimed at modernizing labor legislation, the tax system, and the structure of the state. "Argentina has an anachronistic labor regime from 70 or 80 years ago. If there are teams that can help fulfill the electoral contract with the Argentines, they are welcome," he said. Regarding his sister Karina Milei, the president announced that they will "travel to two provinces per month" and that the Executive branch plans to hold cabinet meetings in the interior of the country: "The reconstruction of Argentina is not the work of a single person. If we also achieve this by reducing spending, growth will be even greater," he noted. The president also defended his liberal approach to monetary policy: "I will not stop until inflation is zero, because I hate it. I do not dialogue with communists, but with all those who want this country to move forward." Towards the end of the interview, Milei summarized his message with a more unifying tone: "Government for all Argentines. When I lower inflation, I benefit not only those who voted for me, but also those who did not. No one loses anything: current workers keep their conditions, and the informal can be formalized," he explained. According to the president, one of the most innovative points will be the application of the principle of hierarchy of agreements: "The smallest agreement overrides the largest one. We are going to take the country risk to 200 points and consolidate confidence in the peso with currency competition." Regarding his relationship with former President Mauricio Macri, Milei confirmed that he maintains "a relationship of respect and cooperation": "Macri always approached with generosity, gave me very useful advice, and never asked for anything. Duty is above impulses." "I work for 47 million Argentines, those who voted for me and those who did not. Inflation is a regressive tax. Modernization does not take away rights, it expands them," he concluded.
Milei: Electoral defeat was a blessing that allowed for a management rethink
President Javier Milei stated that after the September electoral defeat, there was a shift in his administration's approach. He emphasized that fiscal and monetary policy are now aligned and the inflation problem is solved. Milei announced the start of "second-generation reforms" to modernize the state.