Digital Transactions

Argentina’s Fintech Debt Trap Exposes Soaring Loan Defaults

In a recently viral video, a young woman outlines her financial strategy: “I take out a AR$20,000 loan from Mercado Pago. And to pay that loan, I take out a loan from Ualá. Then I take out another loan from Mercado Pago and use that to pay Ualá. Mercado Pago and Ualá pay each other; … Read more

Blue Dollar Updates

Senate Approves Mercosur-EU Agreement

On Thursday, the Argentine Senate granted final approval to the trade agreement between Mercosur and the European Union. The final tally indicated substantial backing, with 69 votes cast in favor, 3 opposed, and 3 abstentions recorded. Argentina has now become the second nation to ratify the agreement, following Uruguay’s approval of the identical initiative just … Read more

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