Through an recorded speech that lasted just 20 minutes, the president confirmed the sending of the 2026 budget project, which must be treated in Congress. He did not mention the central axes, nor key data such as inflation projection. The message, transmitted to the entire country by national chain, was given at the worst moment of the government, after the overwhelming defeat in the PBA elections.
#Cadenanational Empty speech, full of the same common places of all who execute the IMF score. In short, new shows that it is nothing more than “a mimous kitten of economic power,” as my friend would say @myriambregman
— Christian Castillo (@chipicastillo) September 16, 2025
A “calm” Milei confirmed that he will seek to deepen the direction of fiscal adjustment required by the IMF. The budget is the road map where the government’s economic priorities are drawn: it is the law of laws, which indicates what is prioritized, what is adjusted what each weight is destined. But Milei’s speech was empty of certainties and full of pleasas to the governors to give their support in the approval of the budget.
He spoke again of “Successes” when referring to the decline in inflationsomething that happened at the expense of a strong recession and after having fired it 25 % in its first month of management. It’s like celebrating having turned off the fire you turned on. Of the decline in poverty, but the constant indebtedness of households to reach the end of the month or the multi -employment confirms is the existence of poor workers. The results of September 7 showed a strong rejection of government adjustment policies, even in sectors that had supported it in 2023.
The president said the budget includes You climb above inflation 2026 for retirees, for health, education and for people with disabilities who receive a pension. But it is a Great scam on sectors that are brutally adjusted by the politics of The fiscal balance. After the presentation discourse it was known that the projected inflation for next year is 10.1%, it is a capital scam because in the face of doubts about the sustainability of this economic plan, of exchange delay and without accumulation of reserves, which is reinforced are the devaluation expectationswhich will press the internal price rise.
It is not the first time that Milei says that “the worst has happened”, demonstrating his remote perception of reality. In the prior to the official message, on Monday there was another day of nervousness in the “markets” was with strong falls in the bonds, the wholesale dollar closing very close to the ceiling of the band ($ 1467) and the country risk in triggered by touched by 1,200 points.
Another liar fact included in the budget presented is the relating to the dollar, from the government they hope that by the end of the year it will be $ 1,325 when, by 2026 it is in $ 1,423, in 2027 it reaches $ 1,470 that is the value at the end of this Monday. Although budget projections usually have fiction prospects, in this case they exceed all preceding. A Chantada.
It was a speech aimed at convincing the financial capital that they will continue to apply the fiscal adjustment recipes to pay the debt, trying to separate the ghosts of the default that grow when the country risk is triggered. They will also try to approve the structural reforms required by the fund and a business sector. But the government’s problem to move forward with these attacks is their political weakness, and at the same time the growing social discomfort. As Nicolás del Caño pointed out on social networks “it was already shown that Milei’s fiscal balance and the IMF is with the hunger of retirees, adjustment to universities, people with disabilities and the entire working people. You have to defeat Milei and their accomplices. General strike already.”
This Wednesday there is a mobilization in the immediate vicinity of Congress to repudiate the presidential veto to the increase to funds for pediatric universities and hospitals. Different social sectors will participate in struggle such as retirees, students and teachers, health workers, accompanied by social and political organizations. It is necessary to boost coordination from below, promoting the widest popular mobilization. Also require union centrals unemployment and mobilization, and a struggle plan to end the policies of this government. Below Milei’s adjustment plan and IMF must face it in the streets, now it is when.
Source: www.laizquierdadiario.com
