Argentina recorded a financial surplus of $620 million last January, the result of a primary surplus and the payment of interest on the public debt, according to official sources. This positive result is the first since August 2012 and the first in a month of January since 2011, according to data…
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javier milei
Milei eliminates a ministry and gives more power to Caputo in Economics
The Argentine president, Javier Milei, finished his first cabinet reform with the elimination of the Ministry of Infrastructure and the strengthening of the Economy minister, Luis Caputo, who takes control of the area that was in charge of…
Omnibus Law to be debated in the Argentine Congress
This Thursday will begin the debate in the Chamber of Deputies of the omnibus law, the flagship project of the government of Javier Milei, which seeks a deep reform of the state with less state intervention. The ruling party achieved a…
Argentine unions do not agree with the “Omnibus Law”
On 15 January, Argentine unions expressed their rejection of the 'omnibus law' and confirmed the holding of a national strike on 24 January in opposition to the policies of the government of Javier Milei. The unions, concerned about the…
Argentina closed 2023 with inflation of 211.4%
Argentina closed the year 2023 with year-on-year inflation of 211.4%, the highest figure since the period of hyperinflation in 1989-1990. This figure emerges from the first measurement carried out during the government of Javier Milei, who…
Milei could change the conditions of the “emergency”
The Argentine executive, under the administration of Javier Milei, revised the proposal of the so-called 'omnibus law', contemplating the possibility of shortening the initial emergency period. At the opening of the debate on this…
Argentine justice blocked Milei’s labor decree
The Argentine judiciary yesterday suspended the labor effects of the controversial mega decree of necessity and urgency (DNU), promoted by President Javier Milei, which had entered into force on December 29, 2023.
This decree, which…
Milei could organise a referendum in favour of DNU
The President of Argentina, Javier Milei, assured that he will organize a popular consultation in case the Argentine Congress rejects the Decree of Necessity and Urgency (DNU), which eliminates numerous laws and regulations to deregulate…
CAF grants loan to Argentina for USD 960 million to pay the IMF
In the midst of a severe financial crisis, Argentina received a loan from the CAF for USD 960 million to pay the International Monetary Fund, as indicated by the Central Bank.
Spokespersons for the organization indicated that the country…
Argentine government devalued the currency by 50 %
In a drastic economic turnaround, last Tuesday, the government headed by Javier Milei devalued the national currency by more than 50 %, setting the official exchange rate at 800 pesos to the dollar, compared to 391 at the close of the…
Javier Milei assumed the presidency of Argentina
In a ceremony held at the Congress headquarters in Buenos Aires, the ultra-liberal Javier Milei was sworn in as president of Argentina on Sunday. Amidst cheers of "Argentina, Argentina!", Milei and his new vice-president, Victoria…
Milei’s dollarization proposal in Argentina to be evaluated
Argentina is preparing for significant change with the inauguration of Javier Milei as president, whose liberal proposals have resonated positively with the International Monetary Fund (IMF) and among investors. However, the not ruled out…