‘El Loco,’ as Milei Is Being Called, Showing Progress in Argentina as J.P. Morgan Expects Country To Gain Access to Capital Markets

New president’s program is beginning to win over leading financial institutions, says financier Facundo Gomez Minujin.

Tomas Cuesta/Getty Images
President Milei during a campaign rally on September 25, 2023 at Buenos Aires. Tomas Cuesta/Getty Images

Argentina will be able to access capital markets by the end of the year. That at least is the expectation of the president of J.P. Morgan for Argentina, Facundo Gomez Minujin, he tells La Nacion. It’s a sign that the country’s chainsaw-wielding president, Javier Milei, has begun winning over leading financial institutions.

“If Argentina continues on this path, by the end of the year,” Mr. Gomez Minujin explains, “it will be able to access the capital markets naturally, that is, to investors who want to buy new debt.” 

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