Milei celebrated the news, calling it a ‘return to normalcy.’ The accumulated y-o-y number is 32.4%
Economics
The loan is expected following the approval of the second review of the extended fund facility program signed in 2025
The southern part of the country is leading the way in announced investment and jobs under the RIGI incentive regime
The president’s public image is declining, with analysts saying that the increase in fares will show a further impact
After the “biggest cut in history” Milei’s chainsaw is at it again, slashing 211 state programs in health, education and others
Argentine retail sales down 3.2% in April, with household defaults at a 20-year high
Private surveys show shoppers cutting back and moving to cheaper brands, while Central Bank data shows loan delinquency climbing for the second straight month
Sovereign bonds are on the rise, a development that comes after the country’s credit rating was upgraded last week
Private consultants estimate that prices likely rose between 2.4% and 2.6% in April, the first monthly slowdown in nearly a year
The shift in the oil and gas industry is based on a new model that is destroying more employment than it is creating