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Milei Opens FIT After U.S. Trip, Presses Labor and Tax Overhauls

He cast macro stability as the precondition for investment, rejecting devaluations.

Overview

  • Returning Friday from a high‑profile U.S. visit that included a meeting with President Trump and a UN address, Miles used the La Rural stage to relaunch his domestic agenda, with media also reporting talks on a US$20 billion swap he did not address in his remarks.
  • He urged sweeping changes to the labor market and a fiscal reform to lower taxes, calling to end what he describes as the “industry of lawsuits.”
  • He ruled out recurrent devaluations and money‑financed stimulus and repeated that fiscal order is non‑negotiable.
  • He cited an adjustment of roughly five GDP points at the Treasury and ten quasi‑fiscal points at the central bank, claiming Argentina is among the few countries with a fiscal surplus without being in default.
  • Pitching tourism as a strategic growth engine, he said the sector could be 20 times larger if stability enables 10‑ to 30‑year investment planning.