The President anticipated an"avalanche of foreign currency" resulting from growth in mining, energy, and agriculture, and asserted that wages"are going to skyrocket." He reaffirmed that he will not change the economic direction after the elections and praised the support of the United States: "Argentina is your ally in the region."

In the run-up to his next meeting with Donald Trump, President Javier Milei expressed his excitement about the country's economic future. In an interview with Luis Majul in El Observador, the president stated that Argentina is"on the brink of a productive revolution" driven by the development of its natural resources.

“Dollars are going to be pouring out of our ears,” he asserted, highlighting the potential of the mining, energy, and agricultural sectors. He explained that the inflow of foreign currency from copper, gold, lithium, uranium, gas, and oil will have a direct impact on activity and wages. “If we continue forward, a wonderful future awaits us. The services sector is labor-intensive, so wages are going to skyrocket,” he maintained.

The President also emphasized that the economic plan will not change after the legislative elections on October 26, regardless of the outcome. “I will not change economic policy one bit. The direction is right. Do you want us to abandon fiscal balance? No way,” he emphasized.

US support

Milei stressed that his government has broad international support, especially from the United States Treasury, which last week intervened in the local foreign exchange market by purchasing Argentine pesos and bonds.

“The United States has decided to lead the American continent and defines Argentina as its ally,” he affirmed, highlighting the strategic importance of the relationship with the U.S. administration. He said this support “will be key to guaranteeing financial stability,” and mentioned tools such as lines of credit, currency swaps, and direct intervention in the markets.

Milei attributed the recent decline in the parallel dollar and country risk to this context, and took aim at his critics: “Everyone who bet against Argentina is doing very badly.”

Unalterable roadmap

The President insisted that he will not change the direction of the economic plan due to political pressure or the electoral situation."The policy is not going to change. The course is correct. We are making an enormous effort, but only halfway there. Let's make everything we've done worthwhile," he said.

He also expressed his willingness to incorporate experts from other political parties to strengthen management."Anyone who can help us improve the productivity and efficiency of the state will be welcome," he said, referring to possible Cabinet adjustments after the elections.

Finally, Milei conveyed a message of confidence for the future and reiterated that the alliance with Trump and U.S. assistance will maintain economic stability."Argentina will not have liquidity problems. If the market doesn't cooperate, we will have financing from the United States to roll over the debt," she concluded.

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