Speaking at a press conference Monday afternoon, the Economy Minister vowed to boost exports and bring in foreign currency with a view to eliminating ‘distortive’ currency controls
Economics
Massa promises budget surplus, CCL for exporters and ‘signals of austerity’
The economy minister announced it would pay the US$2.6 billion due this month early to avoid ‘uncertainty’
Economic Policy Secretary Gabriel Rubinstein said the crawling peg would then be reintroduced at 3% per month
‘The Croatian’ appears in court amid crackdown on his alleged US dollar operations
‘Everything points to the fact that Rojnica’s businesses are part of an illegal transnational operation’
The funds are the second part of the current deal that was signed in 2020 and renewed this year
The measure was enforced amid a steep dollar surge in the homestretch of the presidential elections
In dig at Milei, SUBE allows passengers to ‘opt out’ of public transit subsidies
Beginning October 20, bus and subway users can pay the full fare for their rides, free of any assistance from the state
The decision affects their operations in US dollars following a run on the peso and severe reserve scarcity
Although lots of people use them, very few know the specifics of their operations or who are the actors involved