President Javier Milei ardently advocated for his administration’s economic direction, called for a comprehensive overhaul of the Central Bank charter, and expressed his anticipations for Argentina’s forthcoming World Cup quarter-final clash with Switzerland on Saturday. In a radio interview with Now 97.9 FM, Milei asserted that his policies have driven economic growth, claiming that consumption … Read more
President Javier Milei states that his administration is crafting a mechanism intended to “shut down” the state once budgetary resources are depleted, drawing inspiration from a method distinctive to the United States, where periodic shutdowns have halted federal agencies for extended periods. In an interview on Tuesday with the Neura streaming platform, Milei stated that … Read more
La Rioja Governor Ricardo Quintela has declared that his administration will reintroduce quasi-currency as a means to finance forthcoming wage increases. The news arrives as the provincial economy continues to be in default with international markets and confronts a contraction in federal revenue transfers. In 2024, La Rioja introduced quasi-currency for the first time in … Read more
An International Monetary Fund Executive Board meeting and the necessary “board approval” next week will facilitate a US$1 billion disbursement to Argentina, as stated by IMF spokesperson Julie Kozack during a press conference on Thursday in Washington, D.C. While a specific date was not provided, estimates suggest that the transfer may occur next Wednesday. Argentina … Read more
Argentina is poised to achieve three consecutive years of economic growth for the first time since 2008, as indicated by a recent report from the World Bank, marking a notable positive development for the broader region. In the most recent installment of its periodic analysis evaluating the economic prospects for countries in Latin America and … Read more
Argentina sold US$150 million of a dollar-denominated bond on Friday to measure investor interest in financing the government beyond President Javier Milei’s first term. According to the Economy Ministry, the October 2028 local-law bond yielded 8.9%. The bond has a maximum approved size of US$2 billion but will be issued weekly in tranches of up … Read more
In an effort to solidify Argentina’s fiscal surplus and bolster the Central Bank’s international reserves, President Javier Milei’s administration is advancing an ambitious and long-standing privatization initiative. The government’s approach aims to produce revenue in dollars through the sale or concession of state-owned enterprises. This is essential for the government, as the accumulation of foreign … Read more
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
State spending decreased by 5.1 percentage points of GDP from 2023 to 2025, reaching approximately 14.5 percent of GDP – the lowest level observed in the last ten years. A recent report indicates that the adjustment primarily focused on public works, economic subsidies, and discretionary transfers to provinces and universities. In 2025, social benefits—comprising retirements, … Read more
Argentina achieved a budget surplus, marking the second consecutive year of fiscal outcome. The news was attributed to the “zero deficit” policy enacted by President Javier Milei upon his assumption of office in December 2023. Argentina’s primary surplus, excluding interest payments on debt, was recorded at 1.4 percent of gross domestic product last year, while … Read more