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Milei Relaunches Agenda at FIT, Presses Labor and Tax Reforms After U.S. Trip

The president cast fiscal tightening as the route to stability that could unlock a larger tourism sector.

Overview

  • At the FIT 2025 opening in La Rural, Javier Milei said Argentina was on the verge of hyperinflation when he took office and highlighted fiscal and quasi‑fiscal adjustments tied to a claimed surplus.
  • He called for a labor overhaul to ease hiring and curb the so‑called industry of lawsuits, alongside a tax reform to lower burdens and raise competitiveness.
  • He rejected recurrent devaluations, expansive money printing to spur demand, and regulations that force domestic tourism as viable tools.
  • He argued tourism could expand up to 20 times with predictable macro conditions and long‑term investment horizons of 10 to 30 years.
  • He returned from a high‑profile U.S. trip that included a meeting with President Donald Trump and reported talks on a potential $20 billion swap, with no agreement announced or financing package detailed in his remarks.