News of government

Milei touts 'promises kept' after rare budget surplus

18-01-2025 10:21 Economy Minister Luis Caputo confirms Argentina's budget surplus, which amounted to 0.3% of GDP, was the first since 2010. 

Latin America ducks and covers for Trump – except Milei

18-01-2025 06:37 With expected good access to the new White House, it will be up to Milei and his team to distinguish personal ideology from national interest and act accordingly.

by Marcelo J. García

Flotsam and jetsam not always adrift

11-01-2025 06:39 While so much could happen in the country and the world in the next nine months, everything now points to the midterms going Milei’s way, even if it will be a relative victory.

Midterm elections set limit on Milei’s search for spending cuts

10-01-2025 13:26 Spending cuts in 2024 reached some five percent of Argentina's GDP. Is there room to repeat this feat?

Trump's provocative, often confusing, US foreign policy is back

09-01-2025 11:48 Trump refuses to rule out using military or economic coercion to acquire Greenland and the Panama Canal and vows to bring Canada to heel.

Official says country made payments on sovereign debt

09-01-2025 11:38 Finance Secretary Pablo Quirno said on a post on X Thursday morning that Argentina's government has made debt payments to international bondholders.

Yáñez gives up state security detail amid NYE dinner furore

05-01-2025 10:26 Former first lady Fabiola Yáñez renounces state security detail that was strengthened in wake of her gender violence allegations against ex-president Alberto Fernández; Milei and Bullrich had criticised her use of proection officers, revealing it had cost state at least US$147,000 since last August.

Milei scores win with US$1-billion repo from five top banks

05-01-2025 09:47 Milei administration announces US$1-billion repurchase agreement with five international lenders that will help replenish foreign reserves at its Central Bank.

Chainsaws are now in fashion

02-01-2025 07:45 Though Trump has yet to take office, his electoral triumph has had an immediate impact not just in his own country but also in Europe and further afield where it has strengthened those who feel betrayed by the political parties.

by James Neilson

Initial results from Milei’s ‘exam’ for state workers show 96% pass rate

22-12-2024 00:49 Although only 10% of state workers have taken the Milei administration’s new test to date, the good results have led their ATE union to demand employees’ transfer to permanent employment, while calling for ministers, secretaries and directors to be similarly evaluated.

Milei’s ‘we want it all’ moment

21-12-2024 05:07 We’re early into the experiment. But Javier and Karina, along with star political advisor Santiago Caputo, are already imagining the “Milei era,” which should last at least eight years and include control of the Casa Rosada, Buenos Aires City and Buenos Aires Province.

by Agustino Fontevecchia

IMF: Formal talks over new deal with Argentina have begun

19-12-2024 21:09 The International Monetary Fund and Argentina have formally begun negotiations over a new loan agreement as the current programme draws to a close.

Argentina exited recession as Milei eyes growth before midterms

16-12-2024 21:22 Argentina emerged from a brutal recession in the third quarter; Gross domestic product expanded 3.9% from July to September compared to the previous three-month period, better than analysts’ expectations.

Argentina weighs managed exchange rate once it lifts currency controls

16-12-2024 19:44 President Javier Milei's government is weighing whether to introduce a managed exchange rate regime — a “dirty float” — once it lifts its current foreign exchange controls in 2025.

Government: Prepaid health schemes face probe for alleged ‘cartel practices’

12-12-2024 18:48 Following investigation into co-ordinated fee increases between last December and last April, Presidential Spokesperson Manuel Adorni states CNDC anti-monopoly watchdog has initiated summary proceedings against several prepaid health schemes and former chamber president Claudio Belocopitt.

United yet disorganised: Peronism comes to terms with a year of Milei

12-12-2024 18:10 What remains of the Unión por la Patria coalition could only manage a photo-op and is far from placing things in order. The internal differences and disputes stalling the bid to reach unity in 2025.

by Rosario Ayerdi

Milei promises inflation will be a 'bad memory' in first anniversary speech

10-12-2024 23:45 President touts US trade deal with Trump, vows to remove currency controls and says “happy times” lie ahead in national broadcast marking first year in office.

A year into office, Milei’s ‘shock’ therapy takes hold

10-12-2024 16:41 President Javier Milei marks his first year in office Tuesday and intends to celebrate his government's achievements in a national broadcast later this evening.

Pensioners the biggest losers of Milei’s first year in office

09-12-2024 13:20 Some five million retirees in Argentina receive just a minimum pension and bonus payment amounting to some US$320, just a third of the estimated living cost for an older adult.

One year in, Milei yet to fulfill key economic campaign promises

09-12-2024 12:53 Dollarisation, the removal of the ‘cepo,’ and the closure of the Central Bank – though he has tamed inflation, President Javier Milei has yet to deliver on key economic promises in his first year in office.