Blue Dollar Updates

Argentine Stocks Lag as Milei Struggles with Earnings Growth

Argentine stocks are lagging behind the broader rally in Latin American equities this year, as the previous market enthusiasm surrounding President Javier Milei’s electoral successes diminishes amid worries regarding disappointing corporate earnings. Following the surge in shares after Milei’s midterm election victory in October, the benchmark Merval index stabilized and subsequently experienced an eight percent … Read more

Blue Dollar Updates

Government Expands RIGI Benefits for Oil and Gas, Extends to 2027

The Argentine government has implemented modifications to the Large Investment Incentive Regime (RIGI, by its Spanish initials) that was approved in 2024, extending its duration and expanding benefits for the oil and gas sector. The RIGI provides tax, customs, legal, and foreign exchange advantages for investments that surpass US$200 million. It is accessible to both … Read more

IMF lowers Argentina’s reserves target by $5 billion

IMF Praises Argentina’s Stabilization, Cautions on Transition Costs

International Monetary Fund spokesperson Julie Kozak commended the reform agenda being implemented by the Argentine government, describing the economic stabilization plan as ‘impressive.’ During her regular Thursday press conference, Kozak cautioned that effectively addressing the transition costs linked to these reforms ‘are also going to be important.’ In the early hours of Friday, the Argentine … Read more

Argentina Wins 100,000-Tonne Tariff-Free Beef Quota in US Deal

Argentina’s meat production chain expressed satisfaction upon learning that the recently signed Reciprocal Trade and Investment Agreement with the United States has established a tariff-free export quota of 100,000 tonnes. This figure contrasts with earlier indications from President Javier Milei, which had suggested a limit of only 80,000 tonnes. The Foreign Ministry in Buenos Aires … Read more

Blue Dollar Updates

Argentina’s Corruption Perceptions Plummet to Lowest Since 2019

Argentina is listed as one of the most corrupt countries in the world, with a worsening scenario over the last five years, according to the 2025 Corruption Perceptions Index released by NGO Transparency International on Tuesday. In 2025, Argentina achieved a score of 36 out of 100 points, which is one point lower than the … Read more

Blue Dollar Updates

Senators approve Milei’s labor reform first step

The Argentine Senate approved President Javier Milei’s hallmark labor reform legislation, marking a significant advancement for the libertarian’s bold agenda that may facilitate his administration’s re-entry into international markets. The Senate, in a decisive 42-30 vote, has approved the comprehensive bill, which will now proceed to the lower house for further deliberation. Milei’s administration executed … Read more

Blue Dollar Updates

Argentina to lose 1.2 million primary students by 2030

A recent report indicates that Argentina is projected to experience a decline of 1.2 million primary school pupils by 2030 compared to 2023, underscoring the nation’s demographic deceleration. The report, entitled ‘Present and future in the number of students per teacher and grade,’ was developed by María Sol Alzú and Martín Nistal from Argentinos por … Read more

US Dollar

Milei pursues Fiscal Innocence Law for ‘mattress dollars’

Argentina’s government has officially enacted the Fiscal Innocence Law, aiming to promote the formalization of undeclared savings, including the notorious “mattress dollars,” while also redefining the dynamics between the state and taxpayers. The measure, representing one of the most ambitious tax reforms of President Javier Milei’s administration, was formalized by Decree 93/2026, which appeared in … Read more

Blue Dollar News

IMF Team Arrives in Buenos Aires

A technical staff team from the International Monetary Fund arrived in Buenos Aires on Thursday, aiming to conduct an audit of Argentina’s economic program. Javier Milei’s administration secured a US$20 billion loan with the Fund last April, adding to an existing US$45 billion debt incurred during Mauricio Macri’s government in 2018. To secure an impending … Read more

Blue Dollar Updates

China Woos Uruguay as Argentina’s Milei Backs Trump

China and Uruguay committed to enhancing their economic ties on Tuesday, coinciding with Javier Milei in Argentina embracing the Trump administration’s revitalized approach in the region. Following a meeting in Beijing between presidents Yamandú Orsi and Xi Jinping, Uruguay and China formalized over a dozen agreements encompassing investment, trade, and scientific cooperation. In a distinct … Read more