The government of Argentina has permitted companies lacking export revenues to secure loans in dollars. The objective is to capitalise on the influx of funds in United States currency that have recently entered the banking system, primarily due to government initiatives aimed at persuading Argentines to convert their hidden dollar savings into the formal economy. … Read more
Argentina has joined Pax Silica, the strategic alliance advocated by U.S. President Donald Trump. The objective is to establish a strategic alliance in artificial intelligence that enhances the supply chains for advanced technologies. Foreign Minister Pablo Quirno disclosed the decision via social media. “This initiative will allow Argentina to take part in joint efforts to … Read more
The International Monetary Fund emphasised the advancements achieved by the Milei administration in terms of economic stabilisation, decreasing inflation rates, and increasing reserves. The fund indicated that the decision for Argentina to return to international debt markets rests with the country’s own authorities. The message was delivered by Julie Kozak, the director of the IMF’s … Read more
The ruling coalition achieved two significant legislative successes on Wednesday, with the Chamber of Deputies endorsing a new investment incentives framework for emerging industries, referred to as “Super RIGI,” alongside a resolution with hedge funds possessing bonds from Argentina’s 2001 default. The new Incentive Regime for Large Investments in New Industries (RIGI for New Industries) … Read more
The Argentine Industrial Union (in Spanish, UIA) has introduced a bill to Congress designed to solidify collaborations between domestic firms and foreign capital investing in the nation through the Large Investment Incentives Regime, which is President Javier Milei’s primary investment initiative. While the RIGI includes a clause mandating that 20% of the purchases and contracts … Read more
Argentina’s Gross Domestic Product experienced a year-on-year growth of 2.3% in the first quarter of 2026, alongside a 0.7% increase compared to the last quarter of 2025, marking a “new all-time high” for a first quarter, as stated by Economy Minister Luis Caputo. Growth was primarily fuelled by private consumption, which achieved a record high. … Read more
Registered workers earning the minimum wage in Argentina can currently purchase only six out of every ten products that their salary would have allowed prior to Javier Milei’s assumption of office. This level of purchasing power is even inferior to the crisis of 2001, warns a new report from the University of Buenos Aires. It … Read more
Argentina’s unemployment rate increased to 7.8 percent in the first quarter of 2026, as reported. This marks a modest rise from 7.5 percent in the last quarter of the previous year, yet remains slightly lower than the 7.9 percent observed in the corresponding period of 2025. The figures, drawn from INDEC’s Permanent Household Survey (Encuesta … Read more
Argentina’s government has sanctioned up to US$5 billion in new dollar-denominated borrowing as the nation seeks to obtain funding supported by multilateral institutions in anticipation of forthcoming debt obligations. The decree, signed by President Javier Milei and Cabinet members, establishes a legal framework for future financing transactions, with contracts governed by New York law and … Read more
Workers in the Argentine gig economy have been increasing consistently over the past year as a result of a decrease in formal employment. According to estimates from the App-Based Workers Union (Sitrarepa, for its Spanish acronym), the workforce in this sector approaches 1 million individuals. Official data from the Superintendency of Occupational Risks, the government … Read more