News of measures

Key measures from Milei’s first year in office

10-12-2024 09:57 President’s first year in office was marked by drastic state cutbacks, the sharpest rise in poverty in two decades, an aggressive rhetoric and notable shift in foreign policy.

MILEI'S FIRST YEAR

Four takeaways from President Javier Milei's first year

10-12-2024 09:44 Four takeaways from Milei's first year in office: Slimming the state, wielding the chainsaw, domestic political battles and a shift in foreign policy.

POLITICS & ECONOMY

Five key points from Milei’s 'omnibus' reform package

01-05-2024 10:49 What is the massive reform bill pushed by Argentina’s President Javier Milei like? And what does it contain?

CLEAR WAY FOR IMPORTS

Milei government opens up food imports in bid to curb price hikes

12-03-2024 12:38 Argentina’s government orders full opening of food imports in an attempt to curb an inflationary spike and introduce more “competitive” prices.

ENERGY & GAS

Javier Milei seeks free oil markets by law in shale-rich Argentina

29-12-2023 21:23 Milei wants to unshackle crude exports and leave local fuel prices at the whim of market forces.

A QUICK GUIDE

What to know about Milei's bid to liberalise the economy

24-12-2023 10:36 President Javier Milei has unleashed a mega-decree to change or scrap 366 economic rules in a country accustomed to heavy government intervention in the market.

CONGRESS SHOWDOWN

Milei calls special Congress sessions over economic reform plan

24-12-2023 10:07 President Javier Milei orders Argentina’s Congress to stage extraordinary sessions from next week to discuss his controversial sweeping economic reform package.

GOVERNMENT MEASURES

Government to bill protesters for security costs

22-12-2023 21:40 Presidential Spokesman Manuel Adorni says organisers of this week's protest will have to cough up 60 million pesos (US$73,000 at the official exchange rate).

ANALYSIS

‘Unconstitutional’ – Experts, critics slam Milei’s massive reform plan

21-12-2023 23:21 Leading experts slam President Javier Milei’s bid to enforce sweeping change by decree.

POLITICS

Milei government draws up labour emergency reform package

19-12-2023 14:37 Javier Milei is spearheading a series of measures to promote registered employment. Government is yet to define whether they will be part of a bill for Congress or urgent decree.

POLITICS & ECONOMY

Milei the pragmatist and Toto’s ‘caputazo’

16-12-2023 06:06 The ‘caputazo’ replaced pure austerity with a mix of higher taxes together with spending cuts and the “dilution” of part of the deficit through high inflation. The next few months will see runaway inflation run even farther away and put intense pressure on the population, as wages and salaries fall even farther behind.

by Agustino Fontevecchia

EDITORIAL

The lion enters his jungle

16-12-2023 06:03 Milei cannot be accused of not warning us that things would get much worse before they got better – what he did not say was how he would be moving in the opposite direction of the firebrand rhetoric he deployed during his pre-presidential existence.

POLITICS

Milei says ‘ending inflation’ is ‘top priority’ in social media post

15-12-2023 18:32 Argentina's president makes first comments since inaugural speech in Instagram video; Presidential spokesperson says libertarian leader has ordered the sale of two YPF planes, an Embraer Praetor licence LV-KGJ and a LearJet, in bid to cut costs.

POLITICS

Adorni: Transport and energy subsidies to be reduced from January 1

13-12-2023 16:22 Spokesman of President Javier Milei’s Government moves to justify “urgent measures” announced by Caputo; He reveals plans to slash subsidies for energy and public transport will begin at turn of the year.

ECONOMIC MEASURES

Four issues for Caputo to clarify: utilities and subsidies, pensions, tax, agricultural duties

13-12-2023 14:17 Argentina’s economy minister announced the first economic measures of Javier Milei’s new government on Tuesday – but did not provide details on a number of key moves.

EMERGENCY MEASURES

Milei devalues peso by 54% in first batch of shock measures

12-12-2023 19:46 Economy Minister Luis Caputo devalues peso by 54% and announces a swathe of spending cuts President Javier Milei’s shock-therapy programme gets underway.

EMERGENCY MEASURES

Milei government confirms massive devaluation of peso

12-12-2023 19:29 First measures announced by Economy Minister Luis Caputo; Official dollar moves from around 400 to 800 pesos per greenback, among host of other measures.

ECONOMIC MEASURES

Government prepares economic package ‘to avoid hyperinflation’

12-12-2023 10:39 President Javier Milei heads Cabinet meeting for second consecutive day; Among those in attendance, ex-Central Bank chief Federico Sturzenegger.

NEW GOVERNMENT

Government to roll out first crisis measures in evening broadcast

12-12-2023 09:53 Economy Minister Luis Caputo will deliver a recorded speech at 5pm Tuesday, in which he will outline emergency measures from President Javier Milei’s new government.

NEW GOVERNMENT

Argentina restricts dollar access until Milei unveils policies

11-12-2023 13:59 Argentina’s Central Bank restricts access to dollars at the official exchange rate until President Javier Milei’s administration announces the first measures of a promised shock-therapy programme.

PRESIDENTIAL SPOKESPERSON

Milei's team to announce austerity measures on Tuesday, says Adorni

11-12-2023 13:17 Austerity measures "will be communicated on Tuesday by Economy Minister Luis Caputo," says Presidential Spokesman Manuel Adorni in first press conference.

MILEI’S GOVERNMENT

New Economy Minister Caputo to announce first measures Tuesday

11-12-2023 11:31 Milei’s chief spokesman Manuel Adorni, speaking early on Monday from the presidential palace, didn’t provide a specific time for the announcement, confirming the measures are expected for the next day.

ELECTION 2023

Adviser details ‘urgent’ economic measures Milei plans for Argentina

21-09-2023 14:48 Darío Epstein, a top economic adviser to the libertarian presidential candidate, questions latest measures announced by Economy Minister Sergio Massa and details Javier Milei’s plan for government.

ELECTION 2023

Operation Beat Milei – Massa’s emergency election campaign

05-09-2023 14:35 Sergio Massa unveils package of measures to be competitive; With Lula's request and a gubernatorial rebuff ringing in his ears, Sergio Massa is fighting for Javier Milei's votes.

by Juan Luis González

POLITICS

Provincial pushback: City Hall and 13 provinces refuse to pay bonus

01-09-2023 15:43 Economy Minister Sergio Massa faces strong pushback to new measures; As many as 14 regions, including Peronist-governed provinces, vow not to adhere to one-off payments to public-sector workers; Businesses also express unease.

NEW PLAN PLATITA

One by one: Massa’s post-devaluation measures to boost pockets

28-08-2023 22:48 Economy Minister Sergio Massa tries to keep his presidential ambitions intact with a flurry of announcements; New benefits announced late Sunday include fixed-sum boosters and soft credits for workers, retirees and welfare recipients.

ECONOMIC MEASURES

Government unveils measures to mitigate devaluation, inflation

28-08-2023 15:57 Economy Minister Sergio Massa launches series of measures designed to boost consumption and lessen the impact of recent devaluation and inflation.

MASSA'S NEW MEASURES

Argentina lifts wages, welfare in defiance of IMF austerity push

28-08-2023 12:29 IMF approved US$7.5-billion cash transfer to Argentina in August; Negotiations over loan included limits on more public spending.

GOVERNMENT & POLICY

Massa prepares a ‘two-measures-per-day’ plan to win over voters

22-08-2023 13:57 Economy minister and Unión por la Patria presidential candidate discussed next steps with Alberto Fernández and Cristina Fernández de Kirchner before boarding the plane to Washington DC for IMF talks. Measures including fixed quotas and lump sum payments for employees will be deployed to counter the impact of devaluation.

by Alejandra Gallo

MASSA TO STAY ON

Government lines up behind Massa ahead of new measures

17-08-2023 19:45 Government lines up behind economy minister as he prepares new measures to ease devaluation.

PROTECTIVE MEASURES

Government walks back beef export ban, eyes price accord

16-08-2023 12:12 After the country’s customs office announced a 15-day beef ban, Agriculture Secretary Juan José Bahillo denies introduction of measure.

MARKET TURBULENCE

Peso drops to all-time low on parallel markets as Massa lays out IMF deal

24-07-2023 19:18 Strong volatility on the markets – while bonds in foreign currency appreciated after the pre-agreement with the IMF and the announcement of foreign exchange measures, the informal currency jumped to a new record. What analysts say.

by Lorena Rodríguez

FIGHT AGAINST INFLATION

Central Bank ramps up interest rate to 97% as inflation soars

15-05-2023 14:37 Argentina's Central Bank hiked its base interest rate Monday by six points to 97 percent, the first in a series of measures to tackle soaring inflation ahead of October's general election.

ELECTIONS 2023

Milei’s policies – and poll numbers – spark concern

22-04-2023 07:00 Outspoken libertarian lawmaker Javier Milei looms larger each day over Argentina's upcoming election, with his politics, proposed policies – and poll numbers – shocking the establishment.