Argentina's New President Javier Milei Sets Bold Economic Agenda: 'There Is A Light At The End Of The Tunnel'
Argentina's New President Javier Milei Sets Bold Economic Agenda: 'There Is A Light At The End Of The Tunnel'
Javier Milei was sworn in as Argentina's new president on Sunday, with a promise of radical change for the nation's troubled economic landscape.
哈维尔·米莱周日宣誓就任阿根廷新总统，并承诺从根本上改变该国陷入困境的经济格局。
With inflation soaring more than 140%, and amidst a backdrop of relentless economic and political turmoil, Milei's inaugural address was nothing short of disruptive, signaling a deep rupture with the immediate and historical precedents.
在通货膨胀率飙升超过140％的情况下，在持续的经济和政治动荡的背景下，米莱的就职演说简直是颠覆性的，标志着与当前和历史先例的深刻决裂。
Acknowledging the hyperinflationary crisis he inherited, Milei painted a grim picture, projecting potential inflation rates reaching a staggering 15,000%, as local news outlet La Nacion revealed.
正如当地新闻媒体La Nacion透露的那样，米莱承认自己继承了恶性通货膨胀危机，他描绘了一幅严峻的画面，他预计潜在的通货膨胀率将达到惊人的15,000％。
Despite enduring 12 years of stagflation, the ultra-libertarian president offered a glimmer of hope, assuring the public the catastrophe would only persist for a few more months due to his stringent fiscal policies.
尽管经历了12年的滞胀，但这位极端自由主义总统还是带来了一线希望，他向公众保证，由于他严格的财政政策，这场灾难只会再持续几个月。
"There is light at the end of the tunnel," he enthused, emphasizing that this time the focus would be on cutting government spending rather than increasing revenues.
他热情地说：“隧道尽头有曙光。” 他强调说，这次的重点将是削减政府支出，而不是增加收入。
Manuel Adorni, the presidential spokesperson, revealed new Finance Minister Luis Andrés Caputo would soon announce economic measures, including a significant reduction in fiscal spending. Moreover, Milei has urgently ordered the removal of privileges, indicating a commitment to tightening the nation's belt.
总统发言人曼努埃尔·阿多尼透露，新任财政部长路易斯·安德烈斯·卡普托将很快宣布经济措施，包括大幅削减财政支出。此外，米莱已紧急下令取消特权，表示承诺收紧国家腰带。
"I prefer to tell you an uncomfortable truth rather than a comfortable lie," Milei boldly declared in his first speech.
米莱在第一次演讲中大胆地宣称：“我宁愿告诉你一个令人不安的事实，而不是一个舒适的谎言。”
President Milei swiftly unveiled his cabinet on social media, declaring, "¡Hay equipo!" (We have a team) and championing "Long live to freedom."
米莱总统迅速在社交媒体上宣布了内阁的面纱，他宣称：“¿Hay equipo！”（我们有一支团队）并倡导 “自由万岁”。
HAY EQUIPO...!!!
— Javier Milei (@JMilei) December 11, 2023
VIVA LA LIBERTAD CARAJO pic.twitter.com/sjHptgj3Tp
HAY EQUIPO...！！！
— 哈维尔·米莱 (@JMilei) 2023 年 12 月 11 日
VIVA LA LIBERTAD CARAJO pic.twitter.com/sjhptg
What Lies Ahead For Argentine Stocks?
阿根廷股市前景如何？
The strong presence of U.S. officials at Milei's inauguration, including key members of President Joe Biden's economic team, suggests a willingness from Washington to forge a positive relationship with the Argentine president, despite Milei's well-known affinity for Donald Trump.
尽管众所周知，米莱与唐纳德·特朗普有亲和力，但包括乔·拜登总统经济团队的关键成员在内的美国官员积极出席了米莱的就职典礼，这表明华盛顿愿意与阿根廷总统建立积极的关系。
Built upon improved Buenos Aires-Washington relations and rising hopes on Argentina's increased economic openness, Argentine stocks, as tracked by the Global X MSCI Argentina ETF (NYSE:ARGT), have surged by 20% since Milei's victory in the presidential election runoff on Nov. 18, firmly entering bull market territory.
在布宜诺斯艾利斯与华盛顿关系改善以及人们对阿根廷加强经济开放的希望不断增加的基础上，自米莱在11月18日总统大选决胜选中获胜，稳步进入牛市区间以来，阿根廷股市已飙升20％，由Global X MSCI阿根廷ETF（纽约证券交易所代码：ARGT）追踪。
Among the standout performers are Empresa Distribuidora y Comercializadora Norte Sociedad Anónima (NYSE:EDN), YPF Sociedad Anónima (NYSE:YPF) and Telecom Argentina S.A. (NYSE:TEO) boasting impressive gains of 67%, 65%, and 51%, respectively. Banks also demonstrated remarkable strength, with Banco Macro (BMA) and Grupo Financiero Galicia S.A. (GGAL) posting gains of approximately 40%.
表现突出的有Empresa Distribidora y Comercializadora Norte Sociedad Ano'nima（纽约证券交易所代码：EDN）、YPF Sociedad Ano'nima（纽约证券交易所代码：YPF）和阿根廷电信股份有限公司（纽约证券交易所代码：TEO），分别获得67％、65％和51％的惊人涨幅。银行也表现出非凡的实力，宏观银行（BMA）和Grupo Financiero Galicia S.A.（GGAL）的涨幅约为40％。
Global X MSCI Argentina ETF's largest holding, MercadoLibre Inc (NASDAQ:MELI), which accounted for 22% of the fund, also surged by 17% since Milei's election victory, further illustrating the market's optimism about the new administration's economic policies.
Global X MSCI阿根廷ETF的最大持股MercadoLibre Inc（纳斯达克股票代码：MELI）占该基金的22％，自米莱大选获胜以来也飙升了17％，进一步表明了市场对新政府经济政策的乐观情绪。
Chart: Argentine Stocks Rallied 20% Since Milei's Election Victory
图表：自米莱大选获胜以来，阿根廷股市上涨了20％
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译文内容由第三方软件翻译。