News of government

Government's budget bill forecasts 60% inflation in 2023

16-09-2022 09:01 Argentina's government will forecast inflation hitting 60% in 2023 in its proposed budget, according to sources in Economy Ministry.

Inflation woes continue: prices up 7% in August

15-09-2022 23:52 Food and non-alcoholic beverages see highest spikes as purchasing-power continues to plummet; Prices have risen 56.4% since January with annual projections now nearing 100%.

Economy Ministry set to introduce ‘tech dollar’ exchange rate for freelancers

26-08-2022 10:24 Portfolio headed by Sergio Massa is moving forward with plans to introduce a "monotributo tech" exchange rate for freelancers in the knowledge economy.

Massa trails new policy announcements to business leaders, investors

19-08-2022 14:28 Economy minister delivers keynote speech at Council of the Americas summit in the capital; Social plans, public employment and other economic announcements are on the way, he tells US investors.

Argentina asked crop exporters to bring US$1 billion next week

12-08-2022 14:34 Government asks top crop export and processing firms to make sales equivalent to US$1 billion over the next week as it seeks to bolster Central Bank reserves.

Inflation surges past 70% on political turmoil

11-08-2022 16:46 Consumer prices rose 71% in July from a year ago, the highest level in about 30 years, according to government data published Thursday.

New economy minister vows to respect IMF deficit deal

04-08-2022 18:36 Sergio Massa, Argentina’s third new economy minister in a month, promised to reduce public deficit, as agreed with the IMF, after he was sworn into office.

Argentina’s new economy czar sworn in

03-08-2022 17:34 Sergio Massa takes over as the country’s third economy chief in the last month

Argentina cabinet reshuffle: rumours of another new economy minister

28-07-2022 13:23 Argentine Government is changing again: Béliz resigns, rumours abound that Sergio Massa will replace Silvina Batakis as economy minister.

Argentina’s black-market peso hits record as crisis mounts

20-07-2022 15:31 The unofficial Argentine peso has dropped to a historic low this Tuesday, which has exacerbated the crisis provoked by the resignation of former Economy minister Martín Guzmán earlier this month.

Argentina’s economic signals need stronger backing, analysts say

13-07-2022 12:28 Analysts say moderate, prudent policy signals that Economy Minister Silvina Batakis announced Monday lack political support, face execution risks and won’t fix the country’s structural problems.

Anti-government protesters take to streets on Independence Day

10-07-2022 09:27 Protesters march to Plaza de Mayo and Casa Rosada to demonstrate against government on Independence Day.

Default jitters mount in Argentina as local yields top 70%

27-06-2022 13:12 Two years after Argentina emerged from its latest default, a debt crisis in brewing once again.

Colombia's first black vice-president brings green focus

23-06-2022 16:58 Francia Márquez will become Colombia’s first black vice-president in a government that was elected on a platform of radical change. 

The near in blood, the nearer bloody

09-06-2022 23:06 No economic policy in Argentina seems as dangerous as its total subordination to politics – which is what has happened with Matías Kulfas.

by Michael Soltys

Argentina pushes bill to tax ‘unexpected’ profits amid disputes

07-06-2022 08:05 President unveils legislation to slap a 15 percent tax on companies’ extraordinary profits, a move seen as appeasing the most radical left-wing members of his divided coalition.

Lithium stocks shaken by Argentina’s pricing decision

01-06-2022 20:52 Shares of lithium producers plunge after Argentina moves to put an end to alleged improper pricing practices by exporters, affecting confidence across the sector.

Argentina to ‘take more time’ reducing energy subsidies

30-05-2022 16:16 Argentina will reduce energy subsidies for utility bills at a slower pace than anticipated because of higher costs stemming from the impact of Russia’s invasion of Ukraine.

Argentina must move faster to realise potential, top miner says

19-05-2022 14:20 Canadian mining entrepreneur Rob McEwen urges Argentina to move forward with legislative changes that would increase the nation's attractiveness to investors.

The maybes of May

14-05-2022 00:01 Today’s anniversary is nowhere in the current agenda with plenty of issues to absorb our attention, yet stopping to recall the Menem years would not go amiss.

by Michael Soltys