‘Confident’ Milei touts investment, predicts election win
President talks up investment opportunities while admitting constraints in speech to US investors, business leaders; Defends reforms despite IMF’s downward growth projection. Leer más
President Javier Milei confidently predicted his re-election next year during a speech at the US Chamber of Commerce, where he advocated for Argentina's investment potential. Milei highlighted that $66 billion in projects were already under consideration for his flagship RIGI incentive scheme, with the potential to surpass $100 billion during his term.
He acknowledged that limited credit access and underdeveloped capital markets hinder growth, but insisted that Argentina would manage the transition towards a self-sustaining capital market. Milei expressed confidence that Argentine voters would support him in the upcoming election, stating that 70% of the population opposes a return to old models.
He emphasized private enterprise as the key driver of economic growth and dismissed concerns about AI's impact on employment, advocating for unrestricted AI development. Milei also assured that the country risk premium would decline below 100 points if measured by his government's economic policies.
Written by urgent.news from Buenos Aires Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
