News of government

Inflation continues to bite as INDEC reveals 6% jump in April

12-05-2022 23:44 Price increases totalled 23.1% in the first quarter, with prices hiked 58% over the last 12 months, according to official data.

Guzmán tells AmCham that Argentina needs ‘common sense,’ not ‘fairy tales’

11-05-2022 01:19 Argentina’s economy minister addresses coalition tensions and inflation at AmCham summit; Opposition leaders Horacio Rodríguez Larreta and Patricia Bullrich pitch their visions to business leaders.

Jeffrey Sachs: ‘Argentina needs the continuity of reasonable policies, not heroics’

29-04-2022 16:32 Renowned economist Jeffrey Sachs on Argentina’s IMF debt restructuring deal, the global economic impact of Russia’s invasion of Ukraine and post-pandemic politics.

by Jorge Fontevecchia

Argentina’s US$44-billion debt plan remains unchanged despite shocks, IMF says

26-04-2022 17:19 Targets in recently minted US$44-billion agreement will remain unchanged even as some assumptions of the programme may be revised, says IMF Western Hemisphere Director Ilan Goldfajn.

Game-changer? Argentina launches tender for construction of enormous gas pipeline

22-04-2022 09:40 President Alberto Fernández on Thursday launched a tender for construction of an enormous gas trunk pipeline beginning at Vaca Muerta gas field. What is the ‘Gasoducto Néstor Kirchner’ and why is it so important for Argentina?

Government launches construction tender phase of mega gas pipeline

22-04-2022 01:35 President Alberto Fernández launches tender for construction of game-changing gas trunk pipeline from the Vaca Muerta unconventional gas field in southwestern Argentina.

‘Inflation is paralysing Argentina’s economy,’ says IMF official

15-04-2022 01:10 Opposition critics let rip at government after damning INDEC data reveals extent of consumer price hikes.

Rumours of imminent Cabinet reshuffle grow stronger

14-04-2022 15:56 After a week full of intrigue, calls for a Cabinet reshuffle are being stepped up. Rumours swirl that changes are being lined up for after Easter, with the names of Roberto Feletti and Matías Kulfas resounding the most among those in the know.

by Juan Luis González

The ‘war’ against inflation – an Argentine classic

08-04-2022 23:30 Inflation has now become the key battleground for an embattled government that was naïve enough to declare a war against it as the world observes the brutal showdown between Russia and Ukraine.

by Agustino Fontevecchia

Argentina’s ‘war against inflation’ provokes unrest in ruling coalition

05-04-2022 12:26 Officials in the ruling Frente de Todos coalition disagree on the best strategy for tackling this crucial battle.

by Rosario Ayerdi

Economy shrank in January after strong finish to 2021

29-03-2022 17:14 Economic activity in January fell 0.5% from the previous month; Results signal a slowdown in growth ahead of finalising of IMF debt deal.

Uruguay set to keep investor-friendly legal reforms in vote

28-03-2022 13:16 Uruguayans vote to uphold more than 100 legal changes introduced by President Luis Lacalle Pou in a referendum that could help his government implement more market-friendly reforms.

Cecilia Todesca Bocco: ‘Labour rights do not explain Argentina’s macroeconomic problems'

18-03-2022 12:20 International Relations Secretary Cecilia Todesca Bocco on the freshly approved IMF deal, policies to deliver economic growth in Argentina and politics in the family.

by Jorge Fontevecchia

Prices jumped 4.7% in February, compounding inflation concerns

18-03-2022 08:13 Inflation over the last 12 months now totals 52.3%, with prices up by 8.8% in just the first two months of the year.

Chile's new president Gabriel Boric takes office with big plans for change

11-03-2022 09:48 Former student leader Gabriel Boric will be sworn in Friday as Chile's youngest-ever president, with plans to turn the country into a greener, more egalitarian "welfare state."

Children of exile bring fresh vision to Chile cabinet

10-03-2022 20:59 Six of the 24 ministers who will form Gabriel Boric's Cabinet were born, raised or studied in exile, a legacy of the torture, imprisonment, repression and poverty that shook the country between 1973 and 1990.

Argentina inks US$45-billion staff-level IMF deal in key step

03-03-2022 21:02 Staff-level accord, which includes commitments to narrow fiscal deficit and money-printing while unwinding energy subsidies, will seek to address “persistent” high inflation and public finances.

Former Peruvian president Fujimori hospitalised for heart problems

03-03-2022 19:38 Former Peruvian President Alberto Fujimori was hospitalised in an emergency on Thursday after suffering a heart problem in prison.

How Argentina’s IMF deal will test ‘exceptional’ criteria limits

23-02-2022 17:24 As the International Monetary Fund staff and Argentina advance on talks for a new agreement, the lender’s board is closely following whether the country meets four key criteria that would allow it to receive a large loan.

Argentina calls for a ‘political solution’ to Ukraine crisis

23-02-2022 10:51 Argentina’s government calls for the continuation of diplomatic talks in order to find a "political solution" to the crisis between Russia and Ukraine.