News of treasury

Bessent signals US willingness to offer Argentina a credit line

22-04-2025 14:34 US Treasury Secretary Scott Bessent says Trump administration would be willing to offer Argentina’s government a credit line if President Javier Milei’s economic turnaround was in jeopardy.

DIPLOMATIC ROW

Chinese Embassy hits back after Bessent’s remarks in Argentina

15-04-2025 17:48 Beijing’s Embassy in Buenos Aires issues expressing “deep dissatisfaction and categorical rejection of the malicious slanders and libellous remarks” made by US Treasury Secretary Scott Bessent during visit to Buenos Aires.

US TREASURY SECRETARY

Bessent expects Argentina to be able to pay off China swap

14-04-2025 19:13 Scott Bessent hails Argentina as a free-market beacon in Latin America; US Treasury secretary said he expects Argentina to be able to pay off its swap line with China, but that US government isn’t considering providing any direct credit.

Foreign relations & diplomacy

US Treasury secretary offers 'full support' to Milei at Casa Rosada

14-04-2025 17:29 US Treasury Scott Bessent visits Buenos Aires for talks with Javier Milei, his economic team and private-sector representatives; Official tells President he wants Washington to be Argentina's "partner of choice".

US-ARGENTINA RELATIONS

US Treasury secretary offers 'full support' to Milei ahead of visit

10-04-2025 17:26 In a show of support for President Javier Milei's "bold economic reforms," US Treasury Secretary Scott Bessent will travel to Buenos Aires next week for meetings with government officials and business leaders.

NEW LEGAL BEAGLE

Santiago María Castro Videla named as new Treasury legal chief

29-01-2025 15:37 Presidential Spokesperson Manuel Adorni confirms administrative law specialist and Austral University professor Santiago María Castro Videla has been named as new Treasury attorney-general, replacing departing Rodolfo Barra.

POLITICS

Milei tells top legal official Rodolfo Barra to resign

25-01-2025 10:15 President Javier Milei has sacked Rodolfo Barra, the attorney general of Argentina’s Treasury.

Foreign relations & diplomacy

Milei to travel to US next week for meeting with Trump

08-11-2024 09:14 Argentina’s President set for seventh visit to United States in a year; Milei will take part in CPAC forum, which will be hosted at Trump’s Mar-a-Lago resort in Florida.

MONETARY POLICY

Central Bank lowers benchmark rate to 35% from 40%

01-11-2024 12:46 Argentina’s Central Bank lowers benchmark interest rate for the first time in nearly six months.

ECONOMY & POLITICS

Argentina officials move to shore up bank support for debt plan

01-07-2024 15:35 Economy Minister Luis Caputo and Central Bank Governor Santiago Bausili sought to shore up support Monday in a meeting with executives from private banks for a monetary policy pivot announced late Friday.

MONETARY POLICY

Milei shifts policy in second phase of Argentina plan

29-06-2024 15:30 Milei administration embarks on second phase of economic plan, announcing it will swap out notes held at the Central Bank for new Treasury debt.

Argentina peso bond

Argentina peso bond puts balloon, spurring inflation risk

05-03-2024 14:16 Puts on Argentina’s peso debt issued by the Central Bank have surged under Javier Milei’s government, reaching a record and prompting officials to scale back their use amid growing investor concern.

Bloomberg

US Treasury Secretary Yellen praises Chile’s policies in visit to lithium-rich ally

01-03-2024 16:42 US Treasury Secretary Janet Yellen on Friday lavished praise on Chile during a visit focused on critical minerals.

INTERVIEW / PERIODISMO PURO

Rodolfo Barra: ‘Emergency decrees are for when the going gets tough’

13-01-2024 06:41 Argentina’s new Treasury attorney defends President Javier Milei’s emergency decree in a feature-length interview that also touches on protest rights, the Supreme Court and his Nazi past during adolescence.

by Jorge Fontevecchia

CABINET APPOINTMENTS

Milei confirms Luis Caputo will be economy minister

29-11-2023 08:19 President-elect says in interview upon return from trip to United States that both the Treasury and the IMF "understand Argentina's problems perfectly” and that ex-Macri administration official Luis Caputo will serve as economy minister.

ECONOMIC INDICATORS

Government has printed equivalent of 18% of GDP since 2019

19-09-2023 09:33 New report says President Alberto Fernández’s administration has printed the monetary equivalent of 3% of GDP so far this year, most of it aimed at the repurchase of bonds to protect their price level.

Regional Sanctions

Colombia-based Hezbollah group sanctioned by US

12-09-2023 17:11 United States hits Colombia-based Hezbollah group with sanctions, key figure in clan alleged to have been previously involved in 1994 AMIA bombing in Buenos Aires