Court orders Argentina’s economy ministry to disclose IMF contract

A court has mandated that Argentina’s economy ministry provide all documentation pertaining to the nation’s most recent agreement with the International Monetary Fund (IMF) by the upcoming Friday. The decision follows the office’s inability to disclose information regarding the specifics of the agreement to the public. The federal court of Dolores mandated the ministry, under … Read more

Banco Central

Argentina Reinforces Currency Controls as Peso Gains Strength

Argentina has once again tightened foreign-currency restrictions at commercial lenders, as President Javier Milei’s administration intensifies its efforts to bolster the peso and mitigate inflation in the lead-up to midterm elections. The Central Bank announced new regulations on Friday aimed at enhancing oversight of the foreign-exchange market and reducing volatility, as stated in a publication … Read more

Poor pay drives exodus from Argentina’s military

Argentina’s economic crisis continues unabated, with wages throughout a significant portion of the national economy falling short of any reasonable benchmark for consumption. This has instigated a crisis of significant magnitude within the Armed Forces, particularly within the Navy, where dedication alone can no longer support those whose compensation is barely adequate. The La Libertad … Read more