Far-right outsider Milei wins Argentina presidential run-off election
Milei’s rival, economy minister Sergio Massa, called him to concede.
In his victory speech to supporters in Buenos Aires, Milei said: “Today begins the reconstruction of Argentina. Today begins the end of Argentina’s decline.
“The model of decadence has come to an end. There is no way back.
“Argentina will return to its place in the world that it should never have lost. We are going to work shoulder-to-shoulder with all nations of the free world, to help build a better world.”
After his defeat, Massa said: “Obviously the results are not what we expected. I have contacted Javier Milei to congratulate him.
“From tomorrow the responsibility of providing certainty belongs to Milei.”
It was a close race to the very end but the former pundit who at one point wielded a chainsaw on the campaign trail, won out.
The election comes at a difficult time for Argentina with rising inflation and an economy in crisis on people’s minds.
Milei’s proposals, which included detonating the central bank, won the support of voters desperate for change.
Provisional results showed Milei had nearly 56% of the vote compared with 44% for Massa, with almost 90% of votes counted.
A man who has been likened to former US President Donald Trump, and ex-Brazilian leader Jair Bolsonaro, Javier Milei is untested. But that was part of his appeal.
His talk of introducing the US dollar as the country’s official currency was met with applause by his supporters. Many economists though talk of financial disaster.
No matter, in a country where annual inflation is now over 140% and two in five people live in poverty, his win proves that Argentinians are fed up with traditional politics and economic disaster.
His victory means they are willing to try something new in an effort to make their lives better.
Former US President Donald Trump congratulated Milei on his victory, saying he would “Make Argentina Great Again!”.
Trump posted on his Truth Social platform: “The whole world was watching! I am very proud of you.
“You will turn your country around and truly Make Argentina Great Again!”
White House National Security Adviser Jake Sullivan congratulated Milei on his election “and to the people of Argentina for holding free and fair elections”.
Posting on X, he said the US would “look forward to building on our strong bilateral relationship based on our shared commitment to human rights, democratic values, and transparency”.
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