Argentine President Javier Milei announced on Monday evening that, for the first time since 2008, Argentina registered a 0.2 percent surplus of its Gross Domestic Product (GDP) during the first quarter of the year.
The president declared the achievement a “feat of historic proportions at a world level.”
Milei addressed the nation in a national broadcast accompanied by Economy Minister Luis Caputo and the president of the Argentine Central Bank Santiago Bausili. In the roughly 15-minute message, Milei said Argentina has “traveled more than half the way” through the implementation of the “shock therapy” policies his administration promised when assuming the presidency in December, intended to avert a complete economic collapse.
Cadena nacional del Presidente Javier Milei. pic.twitter.com/FNoA98XTT7
— Oficina del Presidente
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