Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years - Foreign Affairs (2)

Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years - Foreign Affairs (2) - Nairaland

Nairaland Forum › Nairaland General › Politics › Foreign Affairs › Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years (17129 Views)

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Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by Thisis2raw(m): 11:58am On Dec 12, 2024

Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by FreeStuffsNG: 11:59am On Dec 12, 2024

nairalanda1:
Because the guy was forced to make cuts to government spending, and that includes spending on science...

Smh. It's not only science. Go and read more about him. He is low budget Trump and Bolsonaro who left their countries' public service and economy in ruins.

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Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by AkpaMgbor(m): 12:00pm On Dec 12, 2024

FreeStuffsNG:
Smh. This is falsehood. Fox is the equivalent of fake news platform in Nigeria.

That country called Argentina is in deep mess so much that it's public service is in utter mess. You don't achieve deficit by cutting off the salaries of workers when great nations like Nigeria are increasing salaries and providing direct palliative to support the vulnerable members of the society.

There is something inherently demonic about you ApC online defenders. It’s like they assemble the worst of the black man to launder their tattered image.

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Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by MT: 12:00pm On Dec 12, 2024*

Racoon:
This is how countries with responsibly and accountable elected leadership stear their countries to greatness.

When he started, Argentinians complained of hardship. They organised protests to topple his government. They complained of pain but now reaping the rewards. This was the president that devalued Argentina currency (Peso) against the dollar by 50% immediately he was elected which caused lot of protests in the country.

Can you compare that to what is also happening in Nigeria? Are you ready to endure this phase of hardship like the Argentinians?

Story with good ending is always good to read when you forget the process of pain it takes.

https://www.aljazeera.com/news/2023/12/13/argentinas-far-right-president-starts-term-with-sharp-currency-devaluation

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Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by ejieddy: 12:00pm On Dec 12, 2024

This is what leadership gives you. When you vote competent people and not because they belong to your tribe. Someone is still struggling with foreign exchange and subsidy while another has transformed his country in same time. When you don't lead by corruption and agberoism, you get results. God please help Nigeria get it right. Some people will still come here and tell me stupid propaganda achievements of this failed Tinubu administration.

Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by nairalanda1(m): 12:01pm On Dec 12, 2024

shankara7:
Tinubu the ball is in your court

trevorlinda:
Argentina has found there rescuer

Naija time would come... Soooooon

On taking power, Milei implemented a series of austerity measures, including slashing energy and transportation subsidies, laying off tens of thousands of government workers, freezing public infrastructure projects and imposing wage and pension freezes below inflation

OK. o.

SAUCE

Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by AngelicBeing: 12:01pm On Dec 12, 2024

Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by nairalanda1(m): 12:02pm On Dec 12, 2024

ejieddy:
This is what leadership gives you. When you vote competent people and not because they belong to your tribe. Someone is still struggling with foreign exchange and subsidy while another has transformed his country in same time. When you don't lead by corruption and agberoism, you get results. God please help Nigeria get it right. Some people will still come here and tell me stupid propaganda achievements of this failed Tinubu administration.

Millei slashed subsides on energy and other stuff when he took power. He also sacked hundreds of government workers, and stopped spending on projects....to save money.

You sure you want that.?

Workers in Argentina went on strikes and protests well well.

Good things do not come easy.

Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by Ikumapkayi: 12:05pm On Dec 12, 2024

Frigga13:
Coming from a Yoruba man..

Chai!!!

This is crazy!!

You are very ignorant. You think the budget balance came from the sky. Ordinary removal of subsidy on fuel, naira and electricity you dey cry like baby. Do you want PBAT to adopt the Argentine example by not paying salaries and removing complete subsidy on electricity? Many of you just make noise on social media

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Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by travelzcruix: 12:05pm On Dec 12, 2024

And he is Jewish.

Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by nairalanda1(m): 12:05pm On Dec 12, 2024

FreeStuffsNG:
Smh. It's not only science. Go and read more about him. He is low budget Trump and Bolsonaro who left their countries' public service and economy in ruins.

Argentina was already in ruins before he took power. Infact, long before he came into power, Argentina was forced to default on its loans to IMF...because they simply did not have the money.

He was voted in because years of free money and overspending had left the economy in ruins.

First thing he did was to implement austerity measures. That led to massive protests from his people...but long term led to the benefits you see now.

It is not yet uhuru tho.

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Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by okoroemeka(m): 12:05pm On Dec 12, 2024

SouthSouth1914:
This man came onboard same time as Tinubu. One has took his country out of a mess, and the other thrown his country into a bottomless hole of misery.

our leaders are just interested in getting power at all cost,with zero plan or economic program how to manage the country

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Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by Fiscus105(m): 12:06pm On Dec 12, 2024

Racoon:
This is how countries with responsibly and accountable elected leadership stear their countries to greatness. Meanwhile, someone grabbed, snatched and run away with it but ended up destroying a nation economy with debts, borrowings and loans.

But his own reform worst and painful than Tinubu wen it started.

Make sure you study very about his REFORMS since he came to power, before you arguing like coconut head o

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Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by nairalanda1(m): 12:06pm On Dec 12, 2024

Ikumapkayi:
You are very ignorant. You think the budget balance came from the sky. Ordinary removal of subsidy on fuel, naira and electricity you dey cry like baby. Do you want PBAT to adopt the Argentine example by not paying salaries and removing complete subsidy on electricity? Many of you just make noise on social media

Ah, many people don't know.

All those praising him, and wishing Nigeria had someone like him. ......the thing is, he would make tinubu look like Father Christmas, who gives gifts of money. cheesy

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Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by higgs: 12:08pm On Dec 12, 2024

In Nigeria, we are borrowing more,buying presidential jets and renovating houses with billions, while planning to tax citizens more.

Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by nairalanda1(m): 12:09pm On Dec 12, 2024

Racoon:
This is how countries with responsibly and accountable elected leadership stear their countries to greatness. Meanwhile, someone grabbed, snatched and run away with it but ended up destroying a nation economy with debts, borrowings and loans.

Racoon, racoon, racoon....I just dey laugh at you.

Millei cut subsides on taking power, sacked lots of government workers, and froze spending on projects. He also cut welfare programmes, and education spending.

People like you were crying when Tinubu was essentially forced to cut subsides on petrol and power....shey you go gree if Tinubu also sacked government workers and said that no more spending on roads, and other projects?

You don't know that the Argentine equivalent of the NLC went on protests and strikes when the measures came out?

GO and read about Millei properly and then come back and revisit your comment.

Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by SamuelLoch: 12:10pm On Dec 12, 2024

FreeStuffsNG:
Smh. This is falsehood. Fox is the equivalent of fake news platform in Nigeria.

That country called Argentina is in deep mess so much that it's public service is in utter mess. You don't achieve deficit by cutting off the salaries of workers when great nations like Nigeria are increasing salaries and providing direct palliative to support the vulnerable members of the society.

I've seen people say quite a lot about you. It's really worrisome. Yes, you are right about some of the things that you wrote especially addressing the increased poverty level in Argentina, but it's paying off. Statistics don't lie.

How much has the presidency spent on vehicles (both purchase and maintenance), how much on (unnecessary) renovation of buildings, air fleets?

Leaders lead by example. If the presidency had shut the unnecessary spending down, governors will think twice before doing same.

I expect that you know the dynamics and why they approve such budgets. Think about who the car dealers are, the owners of the logistics company, the comptroller, etc.
A car will amount to N200m on their budget, and SUV will be about x2, but we all know that's not the actual cost. The next administration, whether same party or not will repeat the same series of purchases, creating new unnecessary offices and paying salaries etc.

By the way, I only talked about an aspect of government wastage.

Let's be open-minded even if we have some connection with the government "of the day"

Tinubu is taking some strategic decision, but he just does not seem to get a lot of things right or have well-curated backup plans.

We've not seen anything new targeted at improving the standard of living in the last 6 months. A government that has only 4 years to make a difference will have a monthly plan. Nigeria has gone beyond fixing roads year in and out.

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Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by lionshare: 12:11pm On Dec 12, 2024

nairalanda1:
Ah, many people don't know.

All those praising him, and wishing Nigeria had someone like him. ......the thing is, he would make tinubu look like Father Christmas, who gives gifts of money.

There's way too much ignorance in this country from the media platforms, to politicians to the average citizen.

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Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by Ogakokorokoman: 12:11pm On Dec 12, 2024

Milei is king.
Talk and do.
My argetine friend cried when milei won, he hates milei with passion lol, Argentina was just a perfect definition of suffering and smiling.
I am quite happy with the set of leaders springing up in europe and americas.

Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by malali: 12:12pm On Dec 12, 2024

RedScorpion:
And Jagaban is busy destroying Nigeria after sniffing crack cocaine...

I thought that was your dad in the picture......lol

Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by COMPAQ(m): 12:12pm On Dec 12, 2024

FreeStuffsNG:
Smh. This is falsehood. Fox is the equivalent of fake news platform in Nigeria. A lot of ignorant people with low self esteem will swallow and believe this fake news. Fox News report on economy. Smh.

That country called Argentina is in deep mess so much that it's public service and economy is in utter mess.

You don't achieve deficit by cutting off the salaries of workers and improvishing your citizens when great nations like Nigeria are increasing salaries and providing direct palliative to support the vulnerable members of the society.

You cannot have a war without collateral damage.

Ina crisis, economic remedies will have dire consequences for some people. That is the reality.

Same way our own economic remedy of subsidy removal on petrol and forex has had its own consequences. And really to balance the budget in Nigeria (which we need to do by the way ) means many people will lose their jobs because no one can deny we have an over bloated civil service.

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Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by nairalanda1(m): 12:12pm On Dec 12, 2024

RedScorpion:
And Jagaban is busy destroying Nigeria after sniffing crack cocaine...

I wonder what you would say if the same tinubu on May 29 2023 said No more subsides on power, petrol and education, 50% of government workers are hereby fired, and no more spending on new projects till further notice...

Shey you go say he has nuked Nigeria?

Tinubu is a bad leader. But if you want MIllei type leader for Nigeria, you will say that tinubu was a good leader.

And the workers of Argentina protested. People shouted that he was suffering them. It is only now the benefits are coming in.

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Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by malali: 12:13pm On Dec 12, 2024

Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by nairalanda1(m): 12:14pm On Dec 12, 2024

lionshare:
There's way too much ignorance in this country from the media platforms, to politicians to the average citizen.

Abi o.

I have been following Argentine politics for some time, ever since they defaulted to the IMF. And I know that if Millei was president of this country from tomorrow, people will call tinubu the best leader Nigeria ever had in five days time. cheesy

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Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by ufotunang: 12:15pm On Dec 12, 2024

And the incompetent president Tinubu is asking and begging for loans..piling up the debts ..it's a pity

Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by Lexusgs430: 12:16pm On Dec 12, 2024

Let's beg him to help us reform, Nigeria's financial sector.......

How old is he....... 😁😂

Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by ufotunang: 12:16pm On Dec 12, 2024

What the incompetent president Tinubu cannot do . just to be asking and begging for loans..it's a pity

Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by ufotunang: 12:16pm On Dec 12, 2024

This is the type of president Nigeria needs

Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by FireUpNow(m): 12:18pm On Dec 12, 2024

Argentina is a very bad state economically. Too early to celebrate the president Melei Javier. Sending money of Argent is like pushing mountain Everett out of its position.

Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by iamtoofan: 12:22pm On Dec 12, 2024

FreeStuffsNG:
Smh. This is falsehood. Fox is the equivalent of fake news platform in Nigeria. A lot of ignorant people with low self esteem will swallow and believe this fake news. Fox News report on economy. Smh.

That country called Argentina is in deep mess so much that it's public service and economy is in utter mess.

You don't achieve deficit by cutting off the salaries of workers and improvishing your citizens when great nations like Nigeria are increasing salaries and providing direct palliative to support the vulnerable members of the society.

You want to discredit a media outlet like Fox you brought under the canopy sources AP kor Agip nii

You are so mischievous you couldnt even mention the man trimmed down govt expenditure when Tpain was busy ordering Private jet and yatch, calculate Tpain travel expenses in a year compared to Milei

The increase minimum wage in Nig how effective is it, 70k minimum that is valueless compare 30k under buhari, one xmas chicken is 50% of minimum wage, God will punish you oloriburuku somebody

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Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by Pawa100: 12:23pm On Dec 12, 2024

RedScorpion:
And Jagaban is busy destroying Nigeria after sniffing crack cocaine...

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Re: Javier Milei Ends Budget Deficit In Argentina, First Time In 123 Years by OkpaNsukkaisBae(m): 12:24pm On Dec 12, 2024

nairalanda1:

Many Nigerians won't like a MIllei in charge of their country....

For anyone wishing millei on Nigeria, here is how the man ran his country..

Now imagine a Nigerian leader doing the same thing as listed above? Yes, most of you will call him Satan, even Worse than Satan.

As you can see, it is not yet uhuru. But see...the country is ready for investment..so things will improve.

But you Nigerians no go gree for MIllei as leader of this country at all.

Sauce: UK Independent.

Tinubu also removed subsidies, what are you talking about?

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