Economy Minister Luis Caputo stated on Wednesday that Donald Trump’s significant midterm defeat would not impact relations with Argentina, asserting that President Javier Milei’s administration is equipped to endure any potential financial turbulence independently of US support. “For Argentina, nothing changes. It was an expected result,” Caputo said at an event organised by the FIEL … Read more
While markets had anticipated a victory for the Democratic Party in the U.S. midterm elections – or, more accurately, a significant defeat for President Donald Trump – the magnitude of the setback surprised both proponents and adversaries alike. In the recent electoral contest, Democrats achieved a total of 228 seats in the House of Representatives, … Read more
Economy Minister Luis Caputo articulated a robust defence of the government’s economic program on Tuesday during the inaugural session of the annual Conference of the Argentine Industrial Union (UIA, in Spanish), set against the backdrop of a significant decline in the nation’s manufacturing sector. During a gathering with business leaders at the Golden Center in … Read more
The electoral climate exerted pressure on Argentina’s stock market at the beginning of November, alongside sovereign bonds and shares of Argentine companies listed on Wall Street. However, analysts suggest that the sell-off was not influenced by uncertainty regarding the U.S. midterm elections, but instead by escalating worries about Argentina’s forthcoming presidential election. The concern is … Read more
The government is set to confront an interest payment of approximately US$800 million to the International Monetary Fund on Monday, amidst constrained dollar reserves in Treasury accounts and a pending approval for a new disbursement. To fulfilll its obligation, the Economy Ministry is contemplating the utilisation of its dollar deposits or the acquisition of foreign … Read more
Under Javier Milei’s administration, exports of raw materials serve as the primary engine driving Argentina’s economy. While the oil and gas and mining sectors have gained considerable ground in recent years, agriculture remains a pivotal sector. Data indicates that primary products and agricultural manufactures constituted over half of Argentina’s exports, amounting to US$38 billion from … Read more
A senior official from the International Monetary Fund emphasised Thursday that Argentina should invest more and create more jobs with the money it has saved from financial stabilisation. Julie Kozack, the head of IMF communications, urged President Javier Milei’s administration to transform its economic gains into stronger growth. This week, an IMF technical team reached … Read more
The International Monetary Fund has reached an agreement with Javier Milei’s administration on four key areas of action aimed at converting macroeconomic stabilisation into enhanced economic activity and job creation. The announcement was made by IMF spokesperson Julie Kozack at her monthly press briefing on Thursday, just two days after the institution approved the third … Read more
Argentina’s economic outlook was characterised by a blend of positive and negative indicators at the close of 2026. An export boom in commodities was observed alongside increasing unemployment, a deceleration in disinflation, and a general slowdown in economic activity. In this context, the German-Argentine Chamber of Industry and Commerce (AHK, by its German acronym) convened … Read more
Argentine authorities and staff from the International Monetary Fund reached a staff-level agreement on Tuesday. This marks the third evaluation of the Extended Fund Facility program established by the Milei administration with the lender in 2025. The new program unlocked a US$20 billion loan, which accumulates alongside a prior US$45 billion debt incurred by the … Read more
