Politics · Other · 1 hr ago
Milei pitches Argentina investments and predicts re-election win
Argentina’s President Javier Milei promoted investment opportunities to US business leaders in Washington and said he expected to win re-election next year.
He said projects worth about US$66 billion had entered the pipeline under RIGI, a scheme offering tax and regulatory incentives to major investors.
Government figures show 24 RIGI projects approved, worth about US$56.2 billion, below the pipeline figure Milei cited.
The scheme aims to attract large investments, particularly in energy and mining, as Argentina’s limited access to credit constrains growth.
The economy faces weak investment and employment concerns: fixed investment fell 11.1 percent year-on-year in the second quarter of 2026, while registered employment also declined.
The IMF cut its 2026 growth forecast for Argentina to 2.1 percent and projected year-end inflation of 32.5 percent.
Milei says voters will reaffirm his economic course next year, when Argentina holds its presidential election.
President Javier Milei predicted he would win re-election next year while pitching Argentina’s investment opportunities to US business leaders in Washington.
He said projects worth about US$66 billion had entered the pipeline under Argentina’s RIGI investment scheme and expected the figure to exceed US$100 billion during his presidency.
Government figures cited by Chequeado show that 24 RIGI projects, representing about US$56.2 billion in planned investment, had been approved.
Milei defended his economic reforms, while acknowledging that weak capital markets and limited access to credit constrain growth.
The speech came amid economic challenges, including lower growth projections from the International Monetary Fund and a fall in fixed investment.
- Who
- President Javier Milei addressed US business leaders and investors.
- What
- He promoted Argentina’s investment opportunities, defended his economic reforms and predicted he would win re-election next year.
- When
- Thursday; the article was published on October 16, 2026. The election is next year.
- Where
- The US Chamber of Commerce in Washington.
- Why
- Milei aimed to attract investment and make the case for his economic reforms and policies.
This story does not have two clearly opposing sides.
The International Monetary Fund lowered its 2026 growth projection for Argentina from 3.5 percent to 2.1 percent.
Fixed investment was down 11.1 percent year-on-year, according to INDEC.
Milei spoke at the US Chamber of Commerce in Washington and predicted he would win re-election next year.
- RIGI investment pipeline
- Around US$66 billion
- Expected RIGI pipeline
- More than US$100 billion during Milei’s presidency
- Approved RIGI projects
- 24 projects worth about US$56.2 billion in planned investment
- IMF 2026 growth projection
- Lowered from 3.5 percent to 2.1 percent
- Fixed investment
- Fell 11.1 percent year-on-year at the end of the second quarter of 2026
What people are saying
This will permit us to manage the transition until Argentina can generate its own capital markets.
We are confident that we will reaffirm this course at the ballot box next year and that Argentina will once again follow the path to greatness,
The real wealth is generated by businessmen,
We aren’t going to regulate AI, we are going to allow it free!