Argentina is on the IMF's agenda

IMF Set to Review Argentina’s $20 Billion Program

The International Monetary Fund plans to engage in discussions regarding the initial review of Argentina’s US$20-billion programme during an informal meeting between its staff and executive board on Tuesday, as reported by a source with knowledge of the situation. The meeting is anticipated to occur in Washington on Tuesday morning, according to an individual who … Read more

Argentina Economy

For the third time in 2025, Argentina’s economy shrank in May

In May, Argentina’s economy experienced a contraction for the third time this year, driven by prior wage declines and increasing unemployment, which likely exerted pressure on consumer spending. Economic activity experienced a decline of 0.1 percent from April, falling short of economists’ expectations for growth of a similar magnitude, while the previously reported positive figure … Read more

Argentina's Long-Term Debt Rating Gets a Boost from Moody's

Argentina’s Long-Term Debt Rating Gets a Boost from Moody’s

On Thursday, Moody’s elevated Argentina’s long-term debt rating by two notches, moving it from Caa3 to Caa1. However, it continues to reside within the speculative category, as indicated by the risk rating agency’s statement. The agency referenced macroeconomic reforms that have contributed to a reduction in inflation and a resurgence in growth as the basis … Read more

Argentina refuses to negotiate YPF shares with Burford

Argentina refuses to negotiate YPF shares with Burford

Argentina has decided not to engage in negotiations with Burford Capital, the firm spearheading the collection of a US$16-billion judgment against the South American country, as stated by a spokesman for President Javier Milei during a press briefing on Friday. The spokesperson, Manuel Adorni, refuted claims that the government engaged in any clandestine discussions. “Argentina … Read more

Trump administration supports Milei government.

Trump backing Argentina’s legal move to halt YPF share handover

In the context of the ongoing debate surrounding the prospective transfer of YPF shares as a settlement for a US$16-billion judgment linked to the expropriation of the oil company, the United States government has declared its intention to intervene in court to provide support for Argentina. The administration of US President Donald Trump is preparing … Read more

Argentina's Banks Struggle with Liquidity

Milei reinforces his hold over Argentina’s peso-flooded currency market

The economic team of the President conveys a clear message to the market regarding its firm control over Argentina’s money supply, which is essential for combating inflation, stabilizing the peso, and maintaining his elevated approval ratings. Investors in Argentina have started to foresee a nuanced shift in policy as President Javier Milei appears to relax his … Read more

Javier Milei

Argentine inflation maintains 1.6% in June

In June, Argentina experienced a 1.6% increase in consumer prices, reflecting a positive outcome for President Javier Milei’s economic programme. According to the official figures released on Monday by the national statistics agency INDEC, the annual inflation rate stands at 39.4%, with a notable increase of 15.1% in prices during the first half of the … Read more

Government expenditure at 10-year high

First half of year: Government expenditure at 10-year high

The Argentine Public Budget Association reported that the government spent more than usual in the first semester. It is plausible that the government may experience a funding shortfall in 2025. At the midpoint of the fiscal year, there has been a marginal overspend relative to the historical budgetary average. If this trend persists, it will … Read more

Argentina Economy

June Sees 2.1% Surge in Buenos Aires Prices

Inflation on the Rise: Housing, Transport, and Financial Services Push Costs Higher In June, monthly inflation in Buenos Aires increased to 2.1 percent, as reported by the official statistics bureau of City Hall. The figure reflects a half-point decrease from the previous month, during which consumer prices experienced a rise of 1.6 percent. In April, … Read more

Argentina’s Bank Stocks on High Alert as Credit Card Defaults Surge

The rise in credit card defaults observed in Argentina during April, which persisted through May and June, raises concerns regarding sustained consumer spending in the forthcoming months and may also have implications for the financial sector’s market performance. The consulting firm Labor, Capital and Growth (LCG) highlights in its latest report that the issue, as … Read more