This week, Argentina secured a reprieve from the International Monetary Fund; however, President Javier Milei is confronted with a pressing hard-currency shortage that must be addressed prior to the elections next year. Following agreements with the World Bank and the Inter-American Development Bank, alongside repos, local debt emissions, and forthcoming privatisations of state-owned enterprises, Economy … Read more
Argentina’s leading economic officials stated that the nation has managed recent external shocks without compromising its exchange-rate regime or causing significant financial stress, contending that this outcome represents a notable shift from previous crises and demonstrates the resilience of the current policy framework. The message was conveyed by Central Bank Governor Santiago Bausili and Economy … Read more
The World Bank has announced a US$2-billion guarantee for Argentina, which will enable the country to refinance its debt at a reduced cost, according to a statement released on Thursday. The administration of President Javier Milei faces the obligation of servicing private debt amounting to approximately US$4.3 billion in July. The guarantee, which remains subject … Read more
On Tuesday, the United States Chamber of Commerce in Argentina (AmCham Argentina) held a summit in Buenos Aires, bringing together politicians and prominent business leaders. In her opening speech, María Schoua stated that agriculture “accounts for more than half of Argentina’s exports,” emphasized the country’s potential to become a global energy “supplier,” and noted that … Read more
The International Monetary Fund on Tuesday adjusted its growth forecast for Argentina downward and increased its inflation projection, underscoring a decline in the nation’s internal and external circumstances. The latest edition of the Fund’s World Economic Outlook report, published biannually, indicates that the IMF has revised its forecast for Argentina’s gross domestic product, now anticipating … Read more
On Monday, the Argentine government released the regulations pertaining to the Incentive Program for Medium-Sized Investments (RIMI, as per its Spanish initials) in the Official Gazette. The program aims to stimulate productive investments in micro, small, and medium-sized enterprises, focusing on goods, construction projects, and assets that are directly tied to productive activities. RIMI seeks … Read more
A US dredging company is challenging the bid terms of President Javier Milei’s flagship concession in Argentina, asserting that they are skewed in favor of a consortium with historical connections to China. Great Lakes Dredge & Dock Co has pledged to assist in deepening the Paraná River, contingent upon its partner, Belgium-based Dredging Environmental & … Read more
President Javier Milei has seen a complete erosion of the gains he achieved in opinion polls following his victory in the October midterm elections last year. His approval ratings have reached their nadir since he assumed leadership of Argentina in December 2023. However, this is not inherently a cause for significant concern while in office. … Read more
After the INDEC, the official statistics agency, released data indicating a 7.9% interannual growth in private consumption in 2025, government leaders rejoiced. Some private consulting firms, however, are presenting an other narrative. According to Scentia, mass consumption decreased by 2.1% in the first two months of 2026 and by 3.4% in February. According to a … Read more
At the close of the year, there was a modest improvement in income inequality in Argentina; however, the disparity between the wealthiest and the most impoverished continues to be significant. According to recent, the wealthiest 10 percent of the population earns approximately 13 times the income of the poorest 10 percent nationwide. While the bureau’s … Read more