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After U.S. Trip, Milei Uses Tourism Fair to Push Labor and Tax Reforms

He avoided addressing reported U.S. swap talks or the Central Bank’s new 90‑day currency restriction.

Overview

  • The president opened FIT 2025 at La Rural a day after returning from the United States, appearing with Karina Milei, Guillermo Francos, Patricia Bullrich, Daniel Scioli and Lisandro Catalán.
  • He called for overhauling labor rules to ease hiring and curb lawsuit abuse and for a tax reform to lower levies, arguing these changes are needed to draw investment and boost competitiveness.
  • He defended his economic program, citing a five‑point‑of‑GDP cut in the Treasury deficit and roughly 10 points of quasi‑fiscal adjustment at the Central Bank achieved in six months.
  • He said tourism could become up to 20 times larger with macro stability and long‑term investment horizons, rejecting a return to recurrent devaluations or demand‑boosting money printing.
  • He did not mention the press‑reported negotiations for a US$20 billion swap with the United States or the Central Bank’s new 90‑day limit on buying the official dollar and operating in financial FX.