President Javier Milei

Utility price hikes are strangling Argentina’s poor and impeding recovery

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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 Economy

April Economy Shrinks Amid Uneven Growth

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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

Dollar lending rules relaxed by government evoke 2001 catastrophe

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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

Blue Dollar Updates

Government scores big with ‘Super RIGI’ and holdout agreement

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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

Blue Dollar News

Industry in Argentina wants more RIGI-supplier cooperation

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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

Blue Dollar News

Argentina’s GDP jumps 2.3% in Q1 2026, but investments fall

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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

Blue Dollar Updates

Milei Defends Legal Status for AI-Run Companies

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President Javier Milei has articulated his stance on granting legal recognition to companies overseen by artificial intelligence, following cautionary remarks from Israeli historian and philosopher Yuval Noah Harari regarding the potential for these entities to introduce unparalleled challenges in terms of accountability and regulation. In an extensive statement released on Thursday via social media, the … Read more

Milei envisions a surge of immigration to the provinces

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President Javier Milei anticipates that substantial investments in energy and mining will not only redefine the nation’s productive and export landscape but also alter the living conditions of millions of Argentines. Deregulation and State Transformation Minister Federico Sturzenegger, a cabinet member closely aligned with the president’s economic ideas, has articulated this ambition most clearly. Sturzenegger … Read more

Blue Dollar News

Bitcoin experts question Adorni’s wealth surge claims

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The explanations provided by Cabinet Chief Manuel Adorni regarding his cryptocurrency investments have once again come under scrutiny. Last week, blockchain specialist Fernando Molina analysed one of the digital wallets the official showed during a recent television interview and estimated potential profits of around US$60,000 – far below the US$300,000 Adorni claimed to have earned … Read more

Argentina’s Inflation Cools Further in May

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May inflation in Argentina was recorded at 2.1%, according to a report released Thursday by the statistics agency INDEC. The figure indicates a slight decline compared to April’s 2.6%, marking the first occurrence in a year where the inflation rate has shown a deceleration for two consecutive months. It is also the lowest figure in … Read more