President Milei acknowledges economic crisis and asks Argentines for patience

Javier Milei, President of Argentina
Javier Milei, President of Argentina
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President Javier Milei said on April 10 that recent months have been very difficult for Argentina’s economy, admitting that “these last months were tough” in a message shared on his social media. He asked citizens for patience and maintained that, despite the challenges, his administration is on the right path.

The statement comes as opinion polls show rising public dissatisfaction and a decline in presidential approval ratings. Official data from the national industry indicates an annual decrease of 8.7 percent, with sectors such as automotive, textiles, and machinery experiencing declines greater than 20 percent.

In his post, Milei combined acknowledgment of the crisis with strong criticism of journalists, accusing them of serving private interests. He said current data shows Argentina is in a better position than in 2023 and argued that poverty levels are at their lowest point in seven years. “The journalism claims to be the voice of the people, but every day it becomes more evident that they are nothing more than the voice of their friends… or directly their bosses,” Milei wrote.

Milei also clarified that recovery has not reached everyone equally. He pointed out that statistics represent averages and some groups still do not see improvements. For this reason, he insisted on maintaining patience without changing policies focused on fiscal adjustment, deregulation, and trade openness.

Recent surveys by various consulting firms place Milei’s negative image above 50 percent—reaching up to 62 percent in some reports—with unemployment at 7.5 percent and inflation holding around three percent per month after accelerating over nine months. Despite this situation and recent corruption cases involving officials, Milei expressed optimism about immediate prospects for economic improvement.



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