On Wednesday, Economy Minister Luis Caputo unveiled a plan to boost mortgage lending in Argentina at AR$2 trillion (US$1.3 billion at the official rate). “The 2 trillion pesos we would be auctioning would provide housing solutions for 17,000 to 18,000 families,” he said at a conference on Wednesday morning. The funds will be sourced from … Read more
Three years into Javier Milei’s presidency, a significant portion of the Argentine economy continues to lag behind the levels of activity and consumption observed prior to his arrival at the Casa Rosada, a situation that appears to be causing concern within the economic team. Even so, the government has consistently rejected the notion of the … Read more
In March, Argentina’s industrial sector experienced a resurgence, breaking an eight-month trend of year-on-year contractions, as reported. Nevertheless, analysts advised prudence in interpreting the significance of a solitary month’s enhancement. The Industrial Production Index indicated a 0.7% increase in factory output compared to March of the previous year, with seasonally adjusted activity rising by 0.8% … Read more
