Argentina Utility’s Bond Rally Faces Key Privatization Test

Specialists debate the tax reform announced by President Milei and propose a simplification of the tax system.

Argentina's President Javier Milei has imposed tough reforms on his country. While he has succeeded in balancing the budget and curbing inflation, the price is high.

Argentina Utility’s Bond Rally Faces Key Privatization Test

Debt holders of state-owned water and sewage company Aguas y Saneamientos Argentinos are reaping a windfall after President Javier Milei scrapped some price controls for public utility services, sparking a sharp recovery for a business that’s struggled under heavy regulation.

Numerous polls show a tarnishing of his figure, without this, for the moment, also implying a decline in his intention to vote...

A recent report by the consultant Zuban Córdoba reveals that 58.4% of the people surveyed (1,600 over 16 years old) disapprove of President Javier Milei’s national management. READ ALSO: Venezuela joins the commemoration of the National Day of Memory for Truth and Justice in Argentina “Argentine politics is treacherous. It can turn political success into ashes in a matter of weeks. What took months or years to build can evaporate in an instant.

The president of the Argentine Rural Confederations referred to the fiscal balance plan exercised by the government and said: “All the Argentine people have made the adjustment and the government must value that attitude.” Read more