Industry and construction are the hardest-hit sectors of an employment crisis that’s reaching further than the pandemic

Anyone with undeclare assets worth over US$100,000 have to pay an extraordinary tax in U.S. dollars, unless they make investments approved by the Economy Ministry

The Fund also predicted a 140% annual inflation rate for this year and 5% growth for 2025

While Milei says this is the first step toward lifting currency controls, critics worry about the depletion of international reserve

President Milei said the move is part of the government’s plan to close all emission sources

The operation for managing liquidity with banks was regulated, which will begin operating on July 22nd. The fiscal bill will be exempt from the limit on financing to the public sector

President Javier Milei said ‘oscillations’ in the disinflation process were a possibility

Earlier Thursday, the economy minister had stated that a new deal with the Fund would be approved this year

The international group is informally known as the global rich countries’ club and joining it can take several years