On Monday, September 21, a technical team from the International Monetary Fund will arrive in Buenos Aires to formally begin the third evaluation of Javier Milei’s economic program. During their stay, the technical staff of the IMF will engage in discussions with officials from the Ministry of Economy and the Central Bank. The emphasis will … Read more
The government’s economic estimates for inflation, the dollar-peso exchange rate, and economic activity were the most anticipated in the 2027 budget. First, it should be noted that the economy ministry’s projections are more optimistic than those of market analysts. This disparity is most noticeable when it comes to economic growth, where there is a difference … Read more
President Javier Milei’s administration anticipates a four percent growth in Argentina’s gross domestic product for the upcoming year, while projecting inflation to hit 18 percent. The Executive unveiled its forecasts on Tuesday, marking a significant moment as the final year of the president’s term approaches. Milei has formally declared his intention to pursue re-election for … Read more
During the campaign trail for the 2023 presidential elections, Javier Milei identified tax reductions and inflation control as pivotal components of his electoral platform. On multiple occasions, he referred to taxes as a “robbery” that the state imposes on its citizens. For the majority, he has upheld that commitment. A recent survey by the Argentine … Read more
The Milei administration successfully achieved a fiscal surplus in July, a defining characteristic of its economic strategy. The primary fiscal surplus in the first seven months of 2026 stood at 0.9% of GDP. Overall budget surplus, which includes debt interest payments, was recorded at 0.1% of GDP. “The fiscal surplus, which contributes to macroeconomic stability, … Read more
Credit rating agency Moody’s has elevated Argentina’s sovereign debt rating and revised its outlook on the nation from stable to positive, attributing this change to a reduction in default risk and “improving governance.” On Tuesday, the agency elevated the long-term local and foreign-currency issuer ratings of the government of Argentina from Caa1 to B3. Argentine … 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
Economy Minister Luis Caputo announced on Monday that, in April, Argentina recorded a primary surplus of AR$632 billion and a financial surplus of AR$268 billion. The minister also reported the accumulated fiscal surplus for the initial four months of 2026. “In the first four months of the year, the [country] accumulated a primary surplus of … Read more
In pursuit of its objective to uphold the fiscal surplus, Javier Milei’s administration is set to introduce a substantial rise in fares for nationally regulated trains and buses beginning in May, with total increases reaching as high as 90% in the ensuing months. Government officials articulated their objective to transition towards a “more organized, efficient, … Read more
Following seven months of rising monthly inflation, it appears that prices may have finally paused in April, as reported by private consulting firms. According to their estimates, April’s price increase is projected to be between 2.4% and 2.6% month-on-month — marking the first monthly slowdown in 11 months. Statistics institute INDEC will release official figures … Read more
