In a high-stakes interview on the public television program Economistas, President Javier Milei provided a robust defense of his Chief of Staff, Manuel Adorni, while addressing the slow progress of one of his most famous campaign promises: dollarization. The President’s remarks come at a sensitive time, as Adorni faces a judicial investigation into alleged illicit enrichment, a situation Milei dismissed by labeling his top aide a “wonderful Chief of Staff.”

Unwavering Support for Adorni

Despite the legal turbulence surrounding the Chief of Staff, Milei made it clear that Adorni remains a central pillar of his administration. The President emphasized that while he sets the overall political direction, Adorni is the one “working in the kitchen” with the ministers to execute the plan.

• The “Marvellous” Aide: Milei highlighted Adorni’s role in the government’s legislative victories and praised his management of the Cabinet.

• The Chain-Saw Strategy: The President reaffirmed that the “chainsaw” remains active, with a focus on deep deregulation and fiscal discipline.

The Dollarization Dilemma

Perhaps the most surprising part of the interview was Milei’s explanation for why Argentina has not yet transitioned to the dollar. Contrary to technical or financial excuses, the President placed the responsibility on the behavior of the Argentine public.

“You cannot dollarize because the people do not want to do it,” Milei stated bluntly.

He pointed out that the government has already implemented the Fiscal Innocence Law, which allows for transactions to be conducted in dollars, yet the majority of the population continues to use the peso for daily exchanges. Milei reiterated his libertarian philosophy, stating that he refuses to “impose things by force” and will wait for the market to choose the currency organically.

Economic Outlook and Reforms

The President also used the platform to showcase the scale of his administration’s structural changes. According to Milei, the government, led by Deregulation Minister Federico Sturzenegger, has already surpassed 15,000 individual reforms.

Key economic projections shared during the interview include:

• Inflation: Milei expects the Consumer Price Index to continue its downward trend throughout April.

• Poverty: He projected that indicators for the second quarter of 2026 will show a significant “recomposition,” signaling a slow but steady recovery for the most vulnerable sectors.

• Fiscal Surplus: He celebrated the elimination of the fiscal deficit within the first month of his term and the quasi-fiscal deficit within six months.

Milei concluded by asserting that his decisions are guided by a “moral axis,” claiming that doing what is right—rather than what is politically convenient—is what ultimately stabilizes both the economy and the political landscape. For now, the “path of freedom” remains the administration’s north star, even if the destination of full dollarization remains a distant horizon.