Prat-Gay Warns: Milei's Policies Risk Repeating Macri's Economic Failures

Argentina's Economy: Prat-Gay Warns of Past Mistakes, Echoes Concerns about Milei's Policies. Buenos Aires, Argentina – Former Minister of Finance Alfonso Prat-Gay recently issued a warning about the current economic trajectory of Argentina under Javier Milei's leadership. Drawing on his experience in the Cambiemos government (2015-2019), Prat-Gay highlighted the critical need for fiscal and external balance. He stated, "Macri learned this the hard way. He won the midterm elections spectacularly, but then the economy and the external deficit led to the 2019 result. I think the external deficit shouldn't be neglected." Prat-Gay's comments underscore the potential risks of ignoring the lessons learned from previous economic crises. His analysis provides a valuable perspective for understanding the complexities of Argentina's economic challenges and the importance of long-term stability.