Overview
- President Javier Milei spoke at the Bolsa de Comercio de Rosario on Friday and used the platform to defend his macroeconomic record while blaming opposition, analysts and parts of the press for creating market ‘noise.’
- Milei reiterated the government’s plan to progressively reduce export duties (retenciones) with an explicit goal of eventual elimination, a policy the agroindustrial sector has long demanded.
- Santa Fe Governor Maximiliano Pullaro urged a joint effort to pass a law in Congress to end retenciones, while the Bolsa’s president Pablo Bortolato pressed for urgent investment in national roads and the Belgrano Cargas rail network to ease export logistics.
- The visit unfolded under heavy security, with the Bolsa fenced off and police controlling a broad perimeter as unions and social movements staged protests on city streets.
- The outcome could materially affect farm incomes, national tax revenue and supply chains, and will test whether Congress and the Economy Ministry follow through on legislation and rail concessions now under tender.