President Javier Milei has invited Kristalina Georgieva, Managing Director of the International Monetary Fund, to visit Argentina at the end of the month. The announcement follows an IMF report that upholds its economic growth forecasts for the country, coinciding with the appointment of an Argentine economist as the fund’s new chief economist. Economy Minister Luis … Read more
Argentina is poised to execute a significant payment on its dollar bonds this week, achieving a milestone that many investors deemed improbable, all while the nation abstains from engaging with global debt markets. The government asserts that it has successfully obtained the necessary funds to fulfil the US$4.3-billion semi-annual obligation, which is divided between principal … 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
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 utility-rate adjustment implemented by Javier Milei’s government has significantly diminished the purchasing power of lower-income households, thereby hindering the recovery in domestic consumption — and consequently, in economic activity. Utilities have experienced a significant increase, surpassing the average inflation rate since Milei assumed office. The Interdisciplinary Institute of Political Economy has projected that from … Read more
Argentina’s economy contracted in April following a brief recovery in the preceding month, highlighting a pattern of inconsistent growth as President Javier Milei’s term progresses beyond the halfway mark. Economic activity declined by 1.5 percent from March, falling short of the one percent decrease projected by economists, as reported by government data released on Monday. … Read more
The government of Argentina has permitted companies lacking export revenues to secure loans in dollars. The objective is to capitalise on the influx of funds in United States currency that have recently entered the banking system, primarily due to government initiatives aimed at persuading Argentines to convert their hidden dollar savings into the formal economy. … Read more
The ruling coalition achieved two significant legislative successes on Wednesday, with the Chamber of Deputies endorsing a new investment incentives framework for emerging industries, referred to as “Super RIGI,” alongside a resolution with hedge funds possessing bonds from Argentina’s 2001 default. The new Incentive Regime for Large Investments in New Industries (RIGI for New Industries) … Read more
The Argentine Industrial Union (in Spanish, UIA) has introduced a bill to Congress designed to solidify collaborations between domestic firms and foreign capital investing in the nation through the Large Investment Incentives Regime, which is President Javier Milei’s primary investment initiative. While the RIGI includes a clause mandating that 20% of the purchases and contracts … Read more
Argentina’s Gross Domestic Product experienced a year-on-year growth of 2.3% in the first quarter of 2026, alongside a 0.7% increase compared to the last quarter of 2025, marking a “new all-time high” for a first quarter, as stated by Economy Minister Luis Caputo. Growth was primarily fuelled by private consumption, which achieved a record high. … Read more