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Argentina Grew More Than Expected After Milei Lifted FX Controls
23 Articles
23 Articles
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thedailyeconomy.orgMilei's Economic Miracle: How Argentina Slashed Inflation to 1.5%
In November 2023, Argentina faced a staggering inflation rate of 211.4 percent and a poverty rate of 41.7 percent, affecting 19.5 million people living below the poverty line. The country was heading into elections with two starkly different candidates: Sergio Massa, a Peronist from the ruling coalition that had dominated Argentine politics for most of the twenty-first century (except for Mauricio Macri’s term), and Javier Milei, a libertarian o…
A recent report by the Social Debt Observatory of the UCA reported that almost half of households have money problems. Not having a saving capacity for many already sounds like luxury when so many people do not arrive at the end of the month. According to statistics, almost half of Argentine households (47%) were subjected to “economic stress” at the end of 2024, an indicator that exceeds that of economic poverty. The decline in inflation faces …
By Emiliano Giménez, CNN en Español The economic cycle in Argentina since December 2023, when Javier Milei arrived at the Casa Rosada, can be compared after 18 months to two sides of a coin: the slowdown in inflation and other indicators are benefiting some sectors, while increases in some prices above wages subject others to the opposite reality. Furthermore, unemployment is beginning to rise. The latest records from the National Institute of S…
It was assured by the director of the Central Bank, Federico Furiase, in the midst of the questions to the economic program.In addition, he defended the scheme of flotation exchange.All the news of the political agenda, in the coverage minute by minute of Clarín.
Image generated by AI Zela Santi On March 1, 2025, Argentine President Javier Milei announced an agreement with the International Monetary Fund (IMF), accompanied by a bill to transform the fiscal surplus into a pillar of national economic policy.Milei's objective is clear: to reduce the weight of the state on the economy, stabilise public finances and, gradually, repay public debt. The strategy, however, manifests itself in a radical lowering o…
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