Argentina’s impressive bond rally is poised to face challenges as the upcoming presidential elections reignite worries regarding the nation’s tumultuous economic history, as noted by Pablo Goldberg, an emerging markets portfolio manager at BlackRock Inc. The debt has returned approximately 8.3 percent this year, surpassing any other sovereign in Latin America, following two ratings upgrades … Read more
The International Monetary Fund has expressed support for Javier Milei’s economic strategy while also challenging the government’s claims regarding the fiscal surplus. The IMF has emphasised the need for tax reform and a more accelerated approach to reserve accumulation in anticipation of the upcoming presidential elections next year. The IMF’s Executive Board concluded the second … Read more
President Javier Milei’s administration has significantly reduced inflation — from 211% annually in 2023 to 31% in 2025 — and achieved two consecutive years of fiscal surplus, a feat not accomplished in Argentina since the initial Kirchner administration nearly two decades prior. However, his popularity has been declining for several months. The decline cannot be … Read more