Economy Minister Luis Caputo has confidently asserted that Argentina will achieve “zero inflation” under President Javier Milei’s administration. Speaking on Sunday, Caputo argued that the key difference between the Milei administration and its predecessors in office is that the current government is “addressing the root cause” of Argentina’s problems, namely that “the country was spending … Read more
Argentina’s energy trade balance solidified its role as a primary contributor to the nation’s foreign currency earnings in the first half of 2026.According to a report by economist Nadin Argañaraz, the sector’s surplus improved by US$2.2 billion compared with the same period in 2025, almost entirely due to a sharp increase in energy exports. The … Read more
The current tariffs imposed by Washington on over 60 countries do not affect Argentina’s rate, which remains at 10% as per the original 2025 rule. Although the rate itself remains unchanged, the measure could pose challenges for Argentine products that benefited from the trade agreement signed between the two countries in February of this year. … Read more
Economy Minister Luis Caputo has declared that the government intends to present a revised fiscal innocence bill to Congress, aiming to address concerns highlighted by accountants and tax experts regarding the initial proposal that received approval in December. The bill, referred to as Fiscal Innocence II, is scheduled for submission on Thursday. During a conference … Read more
Credit rating agency Moody’s has elevated Argentina’s sovereign debt rating and revised its outlook on the nation from stable to positive, attributing this change to a reduction in default risk and “improving governance.” On Tuesday, the agency elevated the long-term local and foreign-currency issuer ratings of the government of Argentina from Caa1 to B3. Argentine … Read more
Argentina recorded a historic trade surplus of nearly US$14 billion in the first half of the year, propelled by increased exports and reduced imports compared to the same timeframe last year, notwithstanding a decline in the trade balance for June. On Monday, the statistics institute INDEC announced a trade surplus for June exceeding US$2 billion, … Read more
Elon Musk and Javier Milei met in February of 2025. More than a year later, the President remarked, somewhat humorously, that he had requested the businessman to present him with a Tesla, but that Musk had overlooked the appeal. Perhaps next spring, Argentina’s head of state will witness some of those luxurious, innovative cars traversing … Read more
Argentina’s Neuquén Province is set to present to foreign investors in New York its inaugural international bond issuance in almost ten years, as the local government capitalises on the benefits of a shale oil boom, according to two individuals with direct knowledge of the situation. Provincial officials are set to embark on an investor roadshow … Read more
Argentina’s June inflation fell to 1.9%, according to a study released on Tuesday by the National Institute of Statistics and Censuses. This figure represents the third consecutive decline, following April’s 2.6% and May’s 2.1%. Furthermore, this marks the first occasion in ten months that the inflation rate has dipped below the 2% threshold. It represents … Read more
The International Monetary Fund has expressed approval of the Argentine government’s proposed reform of the Central Bank, which is intended to enhance its independence, according to the institution’s spokeswoman, Julie Kozack, on Thursday. The reform of the Central Bank’s charter is an integral component of the extensive financial reform agenda recently introduced by President Javier … Read more