The mystery is over. The president of Argentina, Javier Milei, confirmed this weekend that he will run in the 2027 elections in an attempt to renew his mandate, which began in December 2023. His announcement comes amid a drop in approval of his administration and an unprecedented race of economists for the presidential chair of the Casa Rosada. On Saturday, during the inauguration of an exhibition in Buenos Aires, Milei cleared up doubts about his political plans: "For those who doubt whether I am going for re-election, yes, I will run for re-election," he said. After the announcement, the libertarian leader advanced some economic promises for his eventual re-election, including expanding the country's trade relations to reach 90% of the world and returning 500 billion dollars in taxes to Argentines, an amount he equated with the national debt, if the expected economic scenario is met. "The goal is to trade with 90% of the planet. We will continue lowering taxes and, if the base scenario is met, we will return 500 billion dollars to Argentines, that is, what we have in debt," he said during a speech reported by the newspaper La Nación, in which he defended the course of his administration. "Just look at how many things we have to do to make Argentina great again!" he added. In his remarks, Milei defended the economic course of his government and, despite the social consequences of his austerity policies, maintained that the country is recovering. "In the 100 years before we came to power, Argentina had become increasingly isolated and we had become increasingly impoverished," he said, before noting that the national economy is growing again. In this regard, the president attributed the country's "misery and misfortune" to its historic commercial isolation and stressed that — according to government data — Argentina has gone from trading with 10% of the world's countries when he came to power to 30% today. Despite Milei's optimistic outlook, a new poll by the Brazilian-origin consultancy AtlasIntel, which best anticipated the libertarian phenomenon prior to 2023, shows several declines in approval of the government, the President's image, the current situation, and economic expectations. According to the newspaper Clarín, the month's numbers end with a negative balance and (more worryingly) trending downward. 36.2% approve of Milei and 60.2% disapprove. In October, the ratio was 39% to 57%. Likewise, for 28.9%, the government's performance is good/excellent; for 15.4%, fair; and for 55.7%, bad/very bad. The previous measurement gave 33%, 13%, and 54% respectively. Another strong data point in the Atlas and Bloomberg study is the image ranking. In this case, a two-point drop in the President's positive rating dropped him to fifth place, below his internal rival Patricia Bullrich. But the senator, the best of the ruling party, also fell outside the podium. The three with the most support this month were Cristina Kirchner (+41%), Axel Kicillof (+39%), and Myriam Bregman (+39%). Only then came Bullrich (+37%) and Milei (+36%).🚨 BOMBSHELL ON WALL STREET. AtlasIntel/Bloomberg, one of the pollsters most respected by the market, has just published a devastating figure for Milei.📊 Cristina Kirchner is the leader with the highest positive image in Argentina (41%). Her negative is 53%, against the 62% of… pic.twitter.com/C0Q3G2kTjL— El Economista (@ElEconomista_) November 13, 2026
And when the view of the current situation and expectations for the next six months in the country's economy is weighed, the situation is not much better. Regarding the current state of the economy, for 19% of respondents it is "good," for 21% "normal," and for 60% "bad." When asked about expectations for the economy, 33% believe it will "improve," 16% say it will "stay the same," and 51% say it will "get worse." Four economists in the raceOn the subject of the economy, the newspaper La Nación highlighted this Sunday that, ahead of the 2027 elections, an "unprecedented battle" is taking place, as four economists are already in the race for the presidency. In addition to the head of the Executive Branch, Javier Milei, the governor of Buenos Aires, Axel Kicillof, the former president of the Bank of the Argentine Nation, Carlos Melconian, and the former minister Hernán Lacunza also have their key ideas ready for the elections. "Never in Argentine history have there been four economists in the race for the leadership of the Executive Branch," the newspaper noted, recalling that it was exactly one week ago when Pope Leo XIV, during his visit to Argentina and in front of Milei, stated that "the economy must be at the service of the person, and not the person at the service of the economy" and asked that "growth be allowed to reach also those who face the greatest difficulties." In the recent past, La Nación recalled, there were also the economists Álvaro Alsogaray, Domingo Cavallo, Ricardo López Murphy, Roberto Lavagna, and Horacio Rodríguez Larreta, as other protagonists of presidential races that had their momentum at the ballot box without reaching the top.