Argentina Economy

Utility price hikes are strangling Argentina’s poor and impeding recovery

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The utility-rate adjustment implemented by Javier Milei’s government has significantly diminished the purchasing power of lower-income households, thereby hindering the recovery in domestic consumption — and consequently, in economic activity. Utilities have experienced a significant increase, surpassing the average inflation rate since Milei assumed office. The Interdisciplinary Institute of Political Economy has projected that from … Read more

Argentina Economy

April Economy Shrinks Amid Uneven Growth

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Argentina’s economy contracted in April following a brief recovery in the preceding month, highlighting a pattern of inconsistent growth as President Javier Milei’s term progresses beyond the halfway mark. Economic activity declined by 1.5 percent from March, falling short of the one percent decrease projected by economists, as reported by government data released on Monday. … Read more

Dollar lending rules relaxed by government evoke 2001 catastrophe

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The government of Argentina has permitted companies lacking export revenues to secure loans in dollars. The objective is to capitalise on the influx of funds in United States currency that have recently entered the banking system, primarily due to government initiatives aimed at persuading Argentines to convert their hidden dollar savings into the formal economy. … Read more

Blue Dollar News

IMF: Argentina’s Debt Market Comeback Rests with Milei

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The International Monetary Fund emphasised the advancements achieved by the Milei administration in terms of economic stabilisation, decreasing inflation rates, and increasing reserves. The fund indicated that the decision for Argentina to return to international debt markets rests with the country’s own authorities. The message was delivered by Julie Kozak, the director of the IMF’s … Read more

Blue Dollar Updates

Argentina authorises dollar borrowing through multilateral talks

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Argentina’s government has sanctioned up to US$5 billion in new dollar-denominated borrowing as the nation seeks to obtain funding supported by multilateral institutions in anticipation of forthcoming debt obligations. The decree, signed by President Javier Milei and Cabinet members, establishes a legal framework for future financing transactions, with contracts governed by New York law and … Read more

Argentine Consumption Declines for Sixth Straight Month in May

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Private consumption persisted in its downward trajectory in May, contracting by 0.3% month-on-month and 2.2% year-on-year, marking the sixth consecutive annual decline, as reported. In the first five months of 2026, the total decrease was 1.8%. In this context, supermarkets and wholesale retailers have identified inadequate demand as the primary obstacle to expanding their operations, … Read more

Milei envisions a surge of immigration to the provinces

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President Javier Milei anticipates that substantial investments in energy and mining will not only redefine the nation’s productive and export landscape but also alter the living conditions of millions of Argentines. Deregulation and State Transformation Minister Federico Sturzenegger, a cabinet member closely aligned with the president’s economic ideas, has articulated this ambition most clearly. Sturzenegger … Read more

Blue Dollar News

Argentina’s mining exports hit a record high in early 2026

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Argentina’s mining exports reached a record level in the initial four months of 2026, propelled by increasing demand for lithium, gold, and silver from the United States, China, and Switzerland. The figures were disclosed by the Mining Secretariat in its monthly report on the sector, subsequently shared by Economy Minister Luis Caputo on Friday and … Read more

Country risk in Argentina lowers to an 8-year low

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Standard & Poor’s upgraded Argentina’s credit rating from CCC+ to B- on Thursday, igniting a surge of optimism in the local market. Dollar-denominated sovereign bonds experienced significant increases, while the country risk index fell dramatically to 444 basis points, marking its lowest point since May 2018. The local S&P Merval index experienced an increase of … Read more

Blue Dollar Updates

Argentina Child Poverty Falls to Lowest Since 2018

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Child poverty in Argentina decreased to 42.3 percent last year, marking its lowest point since 2018, as reported. In a report released on Tuesday, the Argentine branch of the UN agency for children indicated that by the conclusion of 2025, 5.1 million children and adolescents were residing in impoverished households, a decrease from 6.3 million … Read more