President Javier Milei aims to dismantle one of Argentina’s most significant financial taboos: providing dollar loans to individuals and businesses that do not generate income in dollars. Since the 2001 debt crisis, local banks have been effectively prohibited from extending dollar loans to borrowers who do not earn income in US currency. A shortage of … Read more
Marco Lavagna unexpectedly stepped down from his position as director of Argentina’s statistics institute INDEC on Monday. The announcement arrives a mere eight days prior to the institute’s scheduled release of January’s inflation data, which, according to INDEC officials, is derived from a formula designed to more accurately represent purchasing power. Nevertheless, shortly after Lavagna’s … Read more
Argentina acquired US$808 million in special drawing rights from the US Treasury to address its recent interest obligations to the International Monetary Fund, circumventing the use of a swap line that exists between the two nations, as reported. Unnamed government officials informed that the purchase constituted a routine balance-of-payments operation, rather than a new activation … Read more
As the deadline approached for Argentina to fulfill its obligations to bondholders, amounting to billions, President Javier Milei sought assistance from a well-known figure. Bankers at JPMorgan Chase & Co contributed approximately US$340 million as part of a multi-bank repurchase agreement this month, providing Argentina with essential liquidity. The agreement has elevated the bank’s overall … Read more
Consumption in Argentina exhibited improvement last year, although it experienced a deceleration in November and December, according to a recent report. Data indicates that consumption increased by 2.5 percent in 2025 relative to the prior year, even as it experienced a decline in December for the second consecutive month. The Consumption Indicator compiled by CAC … Read more
Argentina’s economy experienced a contraction for the second consecutive month in November, following a midterm election that triggered a significant market sell-off. The INDEC national statistics bureau reported on Wednesday that economic activity decreased by 0.3 percent from October, following a 0.4 percent decline in the previous month. Economic activity contracted by 0.3 percent relative … Read more
Argentina achieved a trade surplus of US$11.286 billion in 2025, indicating a second consecutive year of positive balance for President Javier Milei. Data released on Tuesday aligns with the government’s announcement last Friday regarding Argentina’s fiscal surplus in 2025, marking the second consecutive year of such an outcome. Data indicates that Argentina’s exports reached a … Read more
Business leaders have determined that the most pressing risk facing Argentina is “insufficient public services and social protections.” The claim, released recently in the Forum’s Global Risks Report 2026, derives from a survey involving 11,000 business leaders across 116 economies. The revelation holds considerable importance as it directly addresses one of President Javier Milei’s core … Read more
According to the most current World Economic Outlook published by the International Monetary Fund, which was presented on Monday in Brussels, it is projected that Argentina’s gross domestic product will increase by 4% in both the years 2026 and 2027. Despite the fact that the world economy is experiencing significant pressures, the organization maintained its … Read more
Argentina achieved a budget surplus, marking the second consecutive year of fiscal outcome. The news was attributed to the “zero deficit” policy enacted by President Javier Milei upon his assumption of office in December 2023. Argentina’s primary surplus, excluding interest payments on debt, was recorded at 1.4 percent of gross domestic product last year, while … Read more