A big win could inspire Milei and his colleagues to keep appreciating the peso, which is lowering inflation and benefiting Argentina's upper and high-middle classes.

State Firms Thrive as Milei Pushes Privatization

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

US Dollar

Milei promotes dollar loans for all

President Javier Milei aims to dismantle one of Argentina’s most significant financial taboos: providing dollar loans to individuals and businesses that do not generate income in dollars. Since the 2001 debt crisis, local banks have been effectively prohibited from extending dollar loans to borrowers who do not earn income in US currency. A shortage of … Read more