News of officials

Official fortunes: New minister’s statement shakes up Milei Cabinet rich list

03-09-2024 12:14 Argentina’s new Deregulation & State Transformation Minister Federico Sturzenegger’s sworn affidavit places him as the fourth-richest member of Javier Milei’s Cabinet. President now ranks seventh on a list topped by Foreign Minister Diana Mondino.

INTELLIGENCE SERVICES

CIA chief William Burns travels to Argentina for meetings

21-03-2024 13:03 Cabinet Chief Nicolás Posse meets with the head of the US intelligence services at the Casa Rosada; CIA head latest in a long list of officials from Washington to visit Buenos Aires since President Javier Milei took office.

POLITICS

Milei's ‘Bermuda triangle’ stalks government officials

20-03-2024 22:02 The three members of Javier Milei’s inner circle have the authority to bounce any Cabinet member they see fit – and there have already been nine top-level exits in the first three months of the president’s term.

by Ramón Indart

Bonds

La Rioja Province hires advisers as it struggles to pay bonds

27-02-2024 11:40 La Rioja Province hires advisers to negotiate with bondholders in face of “unprecedented economic challenges."

NEW GOVERNMENT

Milei’s government begins with first presidential decrees

11-12-2023 12:40 President trims government from 19 to 9 ministries, confirms appointment of Cabinet officials and modifies existing decree to allow his sister, Karina Milei, to be named secretary-general.

POLITICS

Scioli? Royón? Government officials who might stay on with Milei

04-12-2023 18:53 Besides retaining Argentina's Ambassador to Brazil, veteran Peronist Daniel Scioli, current Energy Secretary Flavia Royón might be appointed the head of the Mining Secretariat. Questions remain about Migrations, the AFIP Tax Office and Customs.

by Ramón Indart

MONETARY POLICY

Central Bank lifts rate to 81% as inflation jumps

20-04-2023 15:58 Argentina's Central Bank raises its benchmark interest rate by 300 basis points to 81% in response to March inflation data.

CENTRAL BANK

Argentina raises key rate to 78% for first time since September

16-03-2023 17:43 Argentina raised its benchmark rate on Thursday for the first time since September after annual inflation surpassed 100%.

IMF DEBT DEAL

Argentina to change IMF net reserve target for third time

26-02-2023 08:46 Argentina and the IMF are discussing a smaller figure for net reserve accumulation in 2023, a cornerstone of the deal seen as the only major anchor providing some stability to the economy.

DEBT DEAL

IMF board approves US$6 billion in fresh funds for Argentina

23-12-2022 00:50 International Monetary Fund announces that its board of directors has signed off on third review of Argentina's debt assistance programme and releases new US$6-billion disbursement of funds.

IMF DEBT PROGRAMME

IMF clears way for latest US$6-billion disbursement

03-12-2022 23:17 "Prudent macroeconomic management and efforts to mobilise external financing are supporting stability," declares IMF mission team as latest staff review is signed off.