Milei Outlines 2025 Economic Strategy, Reflects on 2024 Achievements
In the early hours of the New Year, President Javier Milei took to his social media platform to highlight the economic measures implemented during his first year in office and unveiled his strategic plan for 2025: fostering economic growth and curbing inflation to drive forward "structural reforms and deregulation for more LIBERTAD."
"A new year brings new opportunities to build on the progress we’ve made," Milei said. "To further improve social indicators, we must focus on robust economic growth. This means continuing to lower inflation, reduce country risk, decrease public spending to lessen taxes, push forward with structural reforms, deregulate, and above all, uphold life, liberty, and property."
Reflecting on 2024, Milei lauded his administration’s accomplishments: "We proved that a 15% GDP fiscal adjustment was possible, with about 95% of that burden falling on the political and financial elites. We halted monetary emission to combat inflation without compromising economic activity or employment."
Through these efforts, Milei’s government successfully lowered poverty by nearly 20 percentage points. He credits these results to both reducing intermediaries and corruption and improving social welfare allocations, particularly during the most challenging phases of adjustment.
Addressing critics, Milei asserted, "Those advocating for more public spending and inflationary monetary policies under the guise of helping the vulnerable are not only failing to achieve their goals but are causing the very opposite. Prolonged application of such policies can structurally damage economies, making recovery more challenging."
Looking ahead, Milei reaffirmed his commitment to respecting individual liberties and promoting economic freedom. With this agenda, he aims to create a more prosperous and fair society built on the principle of LIBERTAD.
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