The loan has BOPREAL dollar-nominated bonds as collateral
Economics
Argentina’s Central Bank gets US$1 billion repo with five international banks
Milei renews 2023 budget unprecedented second time after failing to pass 2025 bill
Extending the 2023 bill will see the government assigning funding increases at its own discretion
The government has attributed the sale to pent-up demand from the auto sector after the PAIS tax was lifted
The president also said he would seek a free trade agreement with the U.S.
The current Extended Fund Facility program expires at the end of the year, but the lender said negotiations are ‘underway’
The Milei administration was triumphant Wednesday following the release of INDEC’s latest report, showing a third consecutive monthly decrease
Milei’s 2025 promises: less taxes, no cepo, and dollar transactions for everything
The Argentine president announced the measures in a televised speech he gave to celebrate his first year in office
From over 100% in 2023, economists say the closing ‘brecha’ is due to a large supply and lower demand for U.S dollars
After a turbulent 2024, these measures, policies, and political trends shaped the far-right libertarian economist’s first year as president