US EditionMilei Says Could Take Two Years To Tame Argentina's High Inflation
- President-Elect Javier Milei plans to reform Argentina's economy, aiming to control rampant inflation within 18-24 months. He proposes ditching the peso for the US dollar and eliminating the central bank's role in fueling inflation through money printing.
- Milei intends to shift control of state-owned assets to the private sector, including the state oil company YPF and state media. He also aims to eliminate strict currency exchange controls and address the country's $44 billion debt with the International Monetary Fund.
- Milei's victory signals a significant shift for Argentina, with challenges including hyperinflation and exchange rate volatility. He has toned down controversial rhetoric and gained backing from the center-right opposition, but his policy implementation remains uncertain.
11 Articles
11 Articles
Milei says could take two years to tame Argentina’s inflation
President-elect Javier Milei said Monday that it could take between 18 and 24 months to bring Argentina's rampant inflation under control, as he outlined his plans to reform the economy. Milei won a resounding victory in Sunday's presidential election, trouncing Economy Minister Sergio Massa by 12 points with a pledge to halt decades of unbridled […] The post Milei says could take two years to tame Argentina's inflation appeared first on The Gua…
Milei says it could take two years to tame Argentina's high inflation
President-elect Javier Milei said Monday that it could take between 18 and 24 months to bring Argentina's rampant inflation under control, as he outlined his plans to reform the economy. Milei won a resounding victory in Sunday's presidential election, trouncing Economy Minister Sergio Massa by 12 points with a pledge…
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