Milei dismisses recession, confident on reelection despite weak data

Argentine President Javier Milei publicly rejected recession narratives, citing expected growth of nearly 3% and expressing calm about reelection prospects, despite economic contraction, worsening job market, and falling approval ratings. The statement signals political resilience but contrasts with hard data, suggesting a potential disconnect between official rhetoric and economic reality. This matters as it may influence market confidence and policy continuity ahead of elections.