Wholesale import prices have risen by 55 percentage points more than the increase in the official dollar, prompting businesses to use a “mix” between official and blue rates for costs and transactions.

A cautious Massa said he would progressively reduce agricultural taxes without removing them completely

The measures are implemented amid tough negotiations with the IMF.

Private consultancies expect a deficit of around US$7 billion due to a drought-related drop in exports, but the central bank and analysts expect a surplus from next year

The project will provide natural gas to the northern provinces, replacing Bolivian imports and allowing exports

A flurry of mining projects and production expansions means production could hit 120,000 tonnes in 2024

The Brazilian president said he believed the EU would “very easily” agree with it

The US ambassador celebrated the 30th anniversary of power company AES in the country

The document seeks to boost Argentina’s energy exports to the bloc