Argentina’s government has officially enacted the Fiscal Innocence Law, aiming to promote the formalization of undeclared savings, including the notorious “mattress dollars,” while also redefining the dynamics between the state and taxpayers. The measure, representing one of the most ambitious tax reforms of President Javier Milei’s administration, was formalized by Decree 93/2026, which appeared in … Read more
In January, Argentina’s inflation rate increased to 2.9%, as reported by the government’s statistics agency, INDEC. This release came one week following the resignation of the bureau’s head, which was prompted by a disagreement regarding the measurement methodology. Prices rose by 32.4% on an annual basis, with the food and non-alcoholic beverages sector experiencing the … Read more
State spending decreased by 5.1 percentage points of GDP from 2023 to 2025, reaching approximately 14.5 percent of GDP – the lowest level observed in the last ten years. A recent report indicates that the adjustment primarily focused on public works, economic subsidies, and discretionary transfers to provinces and universities. In 2025, social benefits—comprising retirements, … Read more
Mercuria Energy Group, an energy-trading firm, is nearing a deal to acquire a refinery along with hundreds of gas stations in Argentina that are currently being offered for sale by Raizen SA, as reported by sources. According to several individuals, who requested anonymity due to the confidential nature of the negotiations, a deal may exceed … Read more
President Javier Milei has adjusted his agenda for the upcoming weeks, postponing a scheduled trip to the United States to participate in the inaugural meeting of Donald Trump’s Board of Peace on February 19 in Washington DC. Milei had originally scheduled a trip to the US this week, with plans to visit Trump’s Mar-a-Lago estate … Read more
The Industrial Union of Santa Fe has highlighted what it refers to as Argentina’s elephant in the room: the erosion of the middle class. Job losses, declining income across all segments, and constrained consumption are indicative of a more extensive decline. In the face of rising inflation, the government remains committed to a strategy of … Read more
A technical staff team from the International Monetary Fund arrived in Buenos Aires on Thursday, aiming to conduct an audit of Argentina’s economic program. Javier Milei’s administration secured a US$20 billion loan with the Fund last April, adding to an existing US$45 billion debt incurred during Mauricio Macri’s government in 2018. To secure an impending … Read more
Since the partial lifting of currency controls last April, Argentines have acquired approximately US$26.39 billion in the official foreign-exchange market, as reported by Central Bank data. Reports indicate that purchases intensified in the months preceding the midterm elections. From April 2025, the total currency sales have reached US$3.68 billion, leading to a net acquisition of … Read more
On Thursday, both Argentina and the United States confirmed the signing of an agreement aimed at fostering reciprocal trade and investment between the two nations. “Today Argentina sent a clear signal to the world: we are a reliable partner, open to trade and committed to clear rules, predictability, and strategic cooperation,” stated Argentine Foreign Minister … Read more
Making a deposit on a website often feels simple in the moment. You pick something like Interac e-Transfer, a card, or an e-wallet, follow the payment instructions until you see “confirmed,” and then move on. The confusion starts later, when the bank feed shows a name you do not recognize, the time looks wrong, or … Read more