News of economy ministry

CENTRAL BANK

Sandleris asks for 'basic consensus' to ensure Argentina grows

16-10-2019 08:29 "If we manage to build basic consensus, our economy can leave behind instability and crisis, so that we can begin to grow steadily and begin to lower inflation," declares Central Bank chief.

BLOOMBERG

Central Bank raises rate floor to 78% as prices soar

18-09-2019 21:27 The rate floor will lower to 68% for all of October, while Central Bank officials project that Argentina’s monetary base will grow at a monthly rate of 2.5% in September and October.

BLOOMBERG

With controls in place, Central Bank cuts 85% rate, buys dollars

18-09-2019 14:08 Institution's move to choke off dollars hands peso some breathing room, with Central Bank buying dollars for first time in seven months.

ECONOMIC INDICATORS

New Central Bank survey predicts 55% inflation in 2019

04-09-2019 09:46 GDP anticipated to contract by 2.5% this year, survey of economists and consultancy firms reveals.

CORRUPTION & THE COURTS

Boudou acquitted and convicted in unified trial over car purchases

29-08-2019 17:15 Former vice-president handed three-year suspended sentence for supplying false data for purchase of car, but is cleared of irregularities in the buying of 19 high-end vehicles dating back to when he led Economy Ministry.

BLOOMBERG

Bond investors keen to hear from Alberto Fernández's economic advisors

27-08-2019 12:24 Money managers including BlackRock, Goldman Sachs and others have made contact with advisers to Alberto Fernández, with some pleasantly surprised by what they've heard.

BLOOMBERG

Argentina’s line in the sand – 55 pesos – holds firm

22-08-2019 16:56 Dollar auctions by the Central Bank and the Economy Ministry have kept the peso near the same level all week, even as a debate rages about a possible sovereign default and currency controls.

CHANGE AT THE TREASURY

Peso stability a priority, declares new Finance Minister Hernán Lacunza

20-08-2019 13:46 "Guaranteeing the exchange rate is a first-order objective," says Lacunza, who also promises that Argentina would keep 2019 fiscal targets set in alignment with IMF.

CHANGES IN CABINET

Dujovne resigns from government with Lacunza set to replace him

17-08-2019 19:49 Hernán Lacunza to move from Buenos Aires Province government to replace Nicolás Dujove, after Treasury and Finance minister resigned post on Saturday. Lacunza's number two, Damián Bonari, to head Province's Economy Ministry

PERMITS AWARDED

Government awards 18 permits for gas and oil exploration off southern coast

22-05-2019 16:32 The permits, announced by the Economy Ministry, centre on three regions on Argentina's continental shelf and run up to 13 years. Companies commit investment totalling US$724 million.