News of public sector

Milei’s ‘chainsaw’ cut nearly 35,000 public-sector jobs in 2024

Today 05:07 Report by the Deregulation & State Transformation Ministry, headed by Milei ally Federico Sturzenegger, details 34,280 dismissals or contract terminations between December 2023 and October 2024, shrinking the state payroll by seven percent.

NEW REPORT

Report: Public employment up 34% in Argentina since 2011, private only 3%

05-07-2023 12:32 New report by IERAL, business school of the Fundación Mediterránea think tank, shows a massive imbalance between the growth of public and private sector jobs in Argentina. Only province in which private-sector jobs grew faster was Neuquén, thanks to Vaca Muerta. Córdoba recruited the fewest state employees.

LOCAL DEBT PILE

Argentina sells US$2 billion in peso debt after ordering bond swap

22-03-2023 21:56 Argentina sells close to 417 billion pesos (US$2 billion) in peso-denominated notes and bonds via auction, latest step in managing a massive local debt pile as the government seeks to extend maturities until after October elections.

Central Bank reserves

Government obliges state bodies to convert dollar bonds into pesos

22-03-2023 17:00 State entities are to sell their dollar bonds on the market in return for peso debt bonds issued by the Treasury with the aim of taming surges in the CCL and MEP parallel but legal exchange rates.

MARKETS

Bonds slide after government orders public sector sale

22-03-2023 12:17 Argentina’s sovereign-risk spread over US Treasuries widened as many as 126 basis points on Wednesday to almost 2,500, its widest in four months.

News of public sector

Milei’s ‘chainsaw’ cut nearly 35,000 public-sector jobs in 2024

Report: Public employment up 34% in Argentina since 2011, private only 3%

Argentina sells US$2 billion in peso debt after ordering bond swap

Government obliges state bodies to convert dollar bonds into pesos

Bonds slide after government orders public sector sale

Stories that caught our eye: December 13 to 20

Argentina takes steps to speed up Milei’s dollarisation strategy

Colombia offers to safeguard Maduro foes at Argentina's Embassy as stand-off deepens

Milei, Caputo increasing bullish as they outline new IMF deal timeline

IMF in talks with Argentina on loan to succeed US$44-billion deal

Sin moratoria previsional en 2025, aseguran que sólo 1 de cada 10 mujeres podrá jubilarse

Uno de los asilados en la Embajada argentina en Caracas se entregó a la justicia chavista

Culiao: para investigador del Conicet la campaña de Córdoba Turismo "merece un aplauso"

El canciller Gerardo Werthein intimó a la periodista Natasha Niebieskikwiat: "Es un caso de censura previa"

Argentina producirá café por primera vez en su historia: ¿Cómo fue posible hacerlo?