Argentina, Milei confirms the “dollarization” of the economy. And think of the Malvinas Islands

World

In an interview with the Wall Street Journal, Milei said that investments are needed because a decline in economic activity, a decline in employment and a collapse in real wages are possible during the recovery process.

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The President of Argentina Javier Milei reiterated its intention to “dollarize” the economy and continue the established privatization agenda. “There is no Plan B,” he said in an interview with the US business newspaper The Wall Street Journal In it, he also emphasized that the country is looking for investments to continue fiscal consolidation, confirmed that it will not join the Brics states and will not establish relations with “communist” countries, and finally announced that it is holding “adult” talks with the United Kingdom will take up residence in the Malvinas Islands.

Looking for investments

The president reported that he was “surprised by the speed at which we are getting results, given the data from when we took over the leadership of the country.” However, the consolidation of public finances is a long-term process “of the population.” I must understand that this process can take two years. Basic for Buenos Aires will consist of raising funds from abroad. «We would need investments Because as the recovery progresses, a decline in economic activity, a decline in employment and a collapse in real wages is possible,” he said. Privatizations would be carried out “as quickly as possible”. “We will privatize everything that can be privatized.” “It's not about names, but about technical issues,” he added.

The Malvinas knot reappears

When asked about his stance on alliances and global positioning, Milei explained that he “does not disapprove” of the possibility that private companies could do this. negotiate with China, but not to share the Asian giant's geopolitical vision. “I will not be allied with the communists and We refuse to be part of the Brics states. But the trade issue should not be touched. These are private sector decisions. We have to separate the geopolitical vision from the commercial one,” he said.

In this sense also to the question of the existence of plans to claim Malvinas sovereigntyHe explained: “We decided to have an adult relationship and talk about the territorial issue.”

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