News of privatisation

Milei cutbacks sends Buenos Aires’ railways back to 1990s

30-11-2025 17:26 President Javier Milei's government declared a public railway emergency in 2024, but only 20% of the allocated budget was used that year – the remainder stayed paralysed due to lack of real funds and administrative delays.

by Juan Cruz Soqueira

PRIVATISATION PLAN

Milei moves forward with part-privatisation of Nucleoeléctrica Argentina

16-09-2025 17:39 Milei to move ahead with partial privatisation of Nucleoeléctrica Argentina SA; Government decree to allow sale of 44% stake; State to retain majority control as foreign investors eye nuclear sector.

STATE SELL OFF

Government confirms start of AySA waterworks privatisation process

21-07-2025 05:29 President Javier Milei's government formally announces the start of the privatisation process for struggling state-owned waterworks AySA.

FOREIGN POLICY

Milei burnishes his Trump ties by hosting health chief RFK Jr

28-05-2025 11:26 Health & Human Services chief Robert F. Kennedy Jr. becomes second US Cabinet official to visit Argentina in recent weeks.

BLOOMBERG

AySA's bond rally faces key privatisation test

27-03-2025 17:45 Debt holders of state-owned water and sewage company AySA are reaping a windfall after President Javier Milei scrapped some price controls for public utility services.

POLITICS & ECONOMY

Milei opens up Argentina's largest bank to private capital

20-02-2025 13:15 Before travelling to the United States, Milei signs decree transforming Banco Nación into a public limited company; Privatisation had been previously proposed by the government, but Congress rejected it.

STATE SELL OFF

Milei’s first Argentina privatisation beset by US$536-million debt

29-11-2024 21:57 President Javier Milei is imposing a December deadline on Argentina’s first bid to sell a long list of state-run companies to the private sector, outlining how challenging it will be.

STATE SELL OFF

Milei’s privatisation blitz begins with state cargo rail firm

24-10-2024 07:19 This is the first privatisation in the railway sector in the Milei era. It announced the privatisation of Belgrano Cargas y Logística SA. This was announced by presidential spokesman Manuel Adorni, in statements to the press.

STATE SELL-OFF?

Fifty-nine state firms targeted for privatisation by Milei

22-10-2024 10:17 President Javier Milei has ordered officials to accelerate his government’s push to privatise almost 60 state firms; Team of around 30 staff members tasked with assessing the future of public companies.

STATE CARRIER

Milei to declare Aerolíneas Argentinas ‘subject to privatisation’ via decree

27-09-2024 14:10 Government seeks to speed up sell-off of state carrier; President Javier Milei will declare Aerolíneas Argentinas “subject to privatisation” via a decree in the “next few days,” says spokesperson.

UNREST AT STATE AIRLINE

Government responds to Aerolíneas union strikes with sell-off threat

19-09-2024 15:27 Milei administration warns striking aviation workers, says it has opened talks with private companies over the privatisation of state carrier Aerolíneas Argentinas.

POLITICS & ECONOMY

Privatisations, relaunches and retirements – Milei’s plan for state media

26-08-2024 19:14 President Javier Milei has managed to shutter the Télam news agency and is attempting to downsize and sell off a host of Argentina’s state media outlets – but are his plans working? And what is the “relaunch” his administration is planning?

by Julian D'Imperio

STATE SELL-OFF

First privatisation of Milei era on way? New owner of IMPSA to be defined

09-08-2024 15:02 IMPSA metallurgical company, which once exported technology to dozens of countries but today is heavily indebted, set to be sold off to US company.

PRIVATISATION

Government still intends to privatise Aerolíneas Argentinas, other state firms

13-06-2024 17:02 Following the approval of the 'Ley de Bases' bill in Senate and concessions on selling off of state firms, Presidential Spokesman Manuel Adorni insists that President Milei still intends to sell off flagship carrier and other public firms.

STATE FIRM IN SPOTLIGHT

Vested interests stall Milei’s plan for Fabricaciones Militares state munitions plant

29-05-2024 12:15 Milei government offers voluntary retirements as it defines what to do with a massive state firm owning thousands of hectares. Numbers in the red for state-run arms manufacturer, but its system of inter-administrative direct contracting also makes it attractive.

Congress

Milei suspends plan to privatise Argentina state oil company YPF

22-01-2024 13:18 Privatisation of state-run oil company YFP has been cut from President Javier Milei sweeping reform bill in Congress negotiations.

OIL & GAS

State energy firm YPF out of Milei’s privatisation crosshairs

19-01-2024 19:26 State-owned oil firm will not be privatised by Javier Milei’s government, after his party reached an agreement with opposed lawmakers to smooth overall passage of Omnibus bill.

FOOTBALL & POLITICS

Boca election result is a victory for Riquelme and clubs nationwide

22-12-2023 13:47 Ibarra and Macri proceeded in a desperate campaign to link Boca’s legendary ex-playmaker with some sort of shadowy plot to construct the Xeneize as the last bastion of evil Kirchnerism. Their gambit backfired.

by Dan Edwards

MILEI (AND MACRI) VERSUS AFA

Milei moves to allow privatisation of Argentina’s football clubs

21-12-2023 15:40 AFA and sporting institutions ready to challenge libertarian leader’s move; President intends to let clubs “take it or leave it,” says official.

by James Grainger

POLITICS

Ex-Casa Rosada legal chief Vilmar Ibarra questions Milei's reform blitz

21-12-2023 12:50 Vilmar Ibarra, Legal & Technical secretary to the Presidency during Alberto Fernández's government, has issued strident criticism of Javier Milei's sweeping economic and labour reform package, warning that it is a clear "violation of the division of powers."

REFORM BLITZ

President sets up Aerolíneas Argentinas and YPF for sell-off

21-12-2023 11:15 Milei announces slew of reforms that would allow tens of state-controlled firms, many of them money-losing, to be sold off. Among them, national airline Aerolíneas Argentinas SA and, after a "transition period," state energy firm YPF.

PRIVATISATION BLITZ?

Milei government intends to privatise railways, confirms minister

17-12-2023 06:11 Infrastructure Minister Guillermo Ferraro reiterates that President Javier Milei intends to "remove the state from the economy" and advance with privatisation of Argentina’s rail and train network.