Milei challenges the opposition and safeguards zero deficit with extreme measures

In a national broadcast on the night of Friday, August 8, Argentine President Javier Milei launched harsh criticisms against the opposition, accusing them of wanting to "break the economy" and hinder his adjustment plan. He defended the zero deficit as an "unbreakable commandment" and asserted that the fiscal adjustment is already yielding results, downplaying the impact on pensions and social programs.

Milei announced two immediate measures: prohibiting the Treasury from financing primary spending through monetary issuance and sending a bill to Congress that penalizes the approval of budgets with deficits. According to the president, these actions aim to safeguard the economy and prevent future administrations from returning to practices that, in his words, "sank Argentina into decades of decline".