The libertarian administration aims to limit the power of the tax authority in a bid to increase consumption in Argentina
Economics
Construction chamber calls for greater infrastructure as the government kicks off road privatization
Roads, bridges, and other public works are now for sale to the highest bidders, but businessmen doubt the sustainability of a comprehensive privatization process
Faced with losing up to 6% in automatic transfers, provinces are considering joining the ARCA’s new scheme
The amount obtained through the BONTE will be used to strengthen the country’s international reserves
The BONTE expects to raise US$1 billion, while analysts say the country should strengthen its international reserves by buying them directly in the foreign exchange market
Buenos Aires province to continue fiscal controls despite national government’s informal cash measures
Tax agency head Cristian Girard said that President Milei’s new regime ‘lacks juridical security’, with no modifications to the provincial system
The president plans to lower taxes and cut red tape, but some experts argue the new measures could encourage money laundering
‘Your dollars, your decision’: Argentina announces plan to bring informal cash into financial system
Reporting regulations on cash withdrawals, credit card operations, car sales, and other common transactions will be stripped or loosened under plans announced Thursday
The global financial services firm warned that market participants are ‘increasingly questioning’ the dollar’s economic credibility