The Economy Minister said Argentines would ‘suffer’ harsher austerity measures if Milei’s omnibus bill is not approved in Congress

The Milei government has been pursuing an “open skies” policy, allowing more airlines into the Argentine skies with fewer regulations

The informal ‘blue dollar’ exchange rate increased by AR$70 over the course of Monday after holding steady for a month

The system will be replaced with a model based on a basic energy basket and household income, Energy Secretariat says

Retail sales were down by nearly 14% year-on-year, with pronounced drops for basics such as pharmacy products and gasoline

Argentine exporters welcomed the decision, which aims to stimulate exports to ease the country’s reserve scarcity crisis

Companies only bought 7.6% of the offered amount in the second Bopreal auction

The possibility was allegedly raised in a meeting between the Economy Minister and bank representatives

Oil companies had already applied a 30% increase days before Alberto Fernández left office and 37% immediately after Javier Milei’s inauguration