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🇦🇷 Argentina /Elections & Politics

“Invest now, don’t wait”: Martín Menem says Milei will become the first non-Peronist president to win re-election

From Clarín · () Spanish

Translated from Spanish and summarized by DistantNews. Read the original for the full story.

At a glance

News Named sources Ongoing story
  • Martín Menem said President Javier Milei would become the first non-Peronist president to win re-election and urged investors to act immediately.
  • Menem said Milei’s economic model would remain predictable, with tax cuts continuing when possible and no change to the rules.
  • He defended the government’s reforms while acknowledging that some sectors were performing well and others were struggling.

“Those who have to invest should not wait to see what happens,” Martín Menem told business executives in a direct appeal to put money into Argentina now. The president of the Chamber of Deputies has already turned toward the 2027 campaign, declaring that Javier Milei would become the first non-Peronist president to win re-election.

Milei will be the first non-Peronist president to win re-election, and we are working hard toward that.

· Martín MenemMenem described the political objective he said the government was pursuing ahead of the 2027 election.

Menem made the remarks at the 47th annual convention of the Argentine Institute of Finance Executives in Puerto Iguazú, Misiones. He said investors should not wait until after Milei wins again, arguing that early investment would bring greater benefits as Argentina’s value increased, if the government’s course was confirmed in 2027.

He presented Milei’s economic model as predictable. Menem said taxes would continue to fall when possible and that the rules of the game would not change. He also drew on his own recent move from the private sector into politics to reinforce his appeal to business leaders.

Those who have to invest should not wait to see what happens.

· Martín MenemHe urged investors attending the finance executives' convention to commit funds immediately.

Menem opened his remarks by urging the audience to remember where Argentina had come from, criticizing Kirchnerism and referring to the 2023 issuance of money without backing as part of the “Plan Platita.” He highlighted the Milei government’s reforms, while conceding that some sectors were doing well and others were finding conditions more difficult. He said improvement in those sectors was only a matter of time.

The best help this model, or this system that you know is predictable, can receive is for us to bet on Argentina, not after Milei wins, but now.

· Martín MenemMenem argued that early investment would support the government's economic model.

The convention, which began on Thursday the 3rd and ends on Sunday, also featured Milei, Economy Minister Luis Caputo, Deregulation Minister Federico Sturzenegger, Foreign Minister Pablo Quirno and Central Bank Vice President Vladimir Werning. Governors from Misiones, Mendoza, Catamarca and Corrientes also attended. Milei used his own appearance for an electoral message, rejecting any easing of economic policy and saying he would reinforce fiscal and monetary orthodoxy.

I will reinforce orthodoxy.

· Javier MileiThe president rejected a relaxation of his fiscal and monetary policy.
About this summary

Originally published by Clarín in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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