A top Canadian fertilizer company is the latest to leave Argentina, amid a wave of foreign companies selling their operations to local businesses

The new policy was welcomed by the IMF, which called the new scheme ‘important’

Last month’s figure underscores the challenges Milei is facing in his attempts to eliminate inflation

The Finance Secretariat placed US$1 billion of the new Bonar 2029 in dollars at an annual rate of 9.26%

The goal is to bring in funds to face a US$4.2 billion payment for debt maturing in January

Soybean exports will now be levied at 24%, down from 26%, in a bid to boost competitiveness and bring in more foreign currency

The country’s manufacturing sector is facing a crisis that some are calling the worst in its history

Provincial governments are also set to finance expenditures and debt payments via new credit

International Monetary Fund spokesperson Julie Kozack said that meeting the 2025 reserves target will be ‘challenging’ for the country and called for robust reforms