Argentine President Javier Milei has escalated his political confrontation with former President Cristina Fernández de Kirchner, accusing her of misappropriating $10 billion from the Central Bank during her first term in 2010.
The allegations, made during a national television address, frame the former leader’s tenure as characterized by what Milei described as the "voracity of high politics," specifically targeting the use of the Bicentennial Fund.
The rhetoric arrives at a critical juncture for Milei’s economic agenda.
The president is set to announce a comprehensive legislative proposal to overhaul the charter of the Central Bank (BCRA).
The reform aims to remove modifications introduced in 2012 and explicitly prohibit the institution from financing the national Treasury, a move designed to curb inflationary monetary financing.
By linking the proposed structural reforms to historical accusations of fiscal mismanagement, Milei appears to be building a political narrative to support the controversial changes.