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Milei Relaunches Agenda at La Rural, Presses Labor and Tax Reforms, Touts Tourism

He used the FIT stage to press structural reforms as the next step toward macro stability.

Overview

  • At the FIT inauguration in Buenos Aires, Javier Milei said Argentina was on the verge of hyperinflation when he took office and claimed a fiscal surplus after deep adjustments at the Treasury and central bank.
  • He called for labor-market changes to ease hiring, a fiscal overhaul to lower taxes, and curbs on what he termed the “industry of litigation.”
  • He rejected recurrent devaluations, expansive money printing, and rules that force people to vacation domestically, reiterating that fiscal discipline is non‑negotiable.
  • He promoted tourism as a growth engine, saying the sector could be 20 times larger with long‑term stability that enables multi‑year investment.
  • His return followed a high‑profile U.S. trip with reported talks on a US$20 billion swap and a meeting with Donald Trump, though he did not address the financing negotiations in his speech.