Milei, the eccentric native anarcho-liberal, has managed to fascinate businesspeople and global capitalists with his unprecedented Homeric fiscal adjustment, defying expectations and puzzling the Peronist opposition that cannot offer a clear alternative. This success has led various sectors to join a heterogeneous group led by Milei, which includes 'ceilingless' Peronists, former Together for Change members, provincial parties, socialists, and others.
The IMF praises Milei's consistency in drastically cutting public spending without igniting social rebellion, while traditional parties are forced to react to the libertarian's growing popularity. Amid marked political polarization, the situation with the IMF has not changed, and uncertainty about the country’s economic future continues.
In a meeting with global business leaders at the World Economic Forum, the possibility that Milei's Argentina could do without the IMF's support was discussed. Meanwhile, traditional parties like the Peronists and radicals are trying to define their strategies for the upcoming Congress around Milei's figure, in an attempt to remain relevant in an increasingly dysfunctional political system.
On the other hand, the visit of Economy Minister Luis Caputo to the United States has not brought significant changes in the relationship with the IMF. This situation has led to seeking alternatives to meet the country’s financial commitments, such as negotiating loans with private banks.
The persistence of macroeconomic stability under Milei's leadership has puzzled all political and economic actors, who are trying to adapt to a constantly changing scenario marked by polarization.
