News of ministry

Argentina spares millions from paying income tax as vote nears

11-09-2023 21:12 Workers earning less than 1.7 million pesos (US$4,857) per month won’t have to pay income taxes as of October, up from the previous threshold of about 700,000 pesos.

Out of options and money, Argentina presses the panic button

14-08-2023 22:09 After years of trying to avoid a currency devaluation that would add to soaring inflation and reduce its popularity with voters, Argentina's government has finally pushed the panic button.

Martín Guzmán: ‘Abandoning the currency never did anybody any good’

10-06-2023 06:27 Argentina’s former economy minister on tackling inflation, unifying the exchange rate regime, the IMF debt deal he negotiated and what happens after the October election.

by Jorge Fontevecchia

Venezuela debate overshadows Lula’s unity pitch at summit

01-06-2023 00:39 Uruguay and Chile slam Lula’s defence of Nicolás Maduro at South American summit in Brasília.

Government raises income-tax floor to half a million pesos

25-04-2023 13:29 Government raises income-tax floor to 500,000 pesos as inflation bites into pockets of workers.

‘Plan Platita II’? Government to stuff pockets as inflation bites

18-04-2023 14:02 To mitigate the coalition friendly fire that has been rekindled by the confirmation of accelerating price hikes, Serio Massa’s economic cabinet is drawing up a new programme to stimulate consumption.

Fernández announces Argentina's return to UNASUR

22-03-2023 15:46 President Alberto Fernández has confirmed Argentina's re-entry into the UNASUR political bloc, almost five years on from its controversial departure.

Bonds slide after government orders public sector sale

22-03-2023 12:17 Argentina’s sovereign-risk spread over US Treasuries widened as many as 126 basis points on Wednesday to almost 2,500, its widest in four months.

What’s a default? Argentina’s debt buyback splits S&P, Moody’s

27-01-2023 14:35 The world’s most-watched credit assessors are split after Moody’s Investors Service classified Argentina's plan to repurchase its debt in the open market as a distressed exchange.

Argentina’s bond buyback plan sets off Moody’s default alarm

26-01-2023 15:10 Plan to repurchase US$1 billion of overseas bonds meets the definition for a default, according to Moody’s.

Argentina’s bond buyback seems to make little sense

19-01-2023 02:45 It is generally thought that it is better to buy back bonds when they are cheap than when they have just posted a sharp rise, but perhaps Massa knows something we don't.

Government creates new unit to probe ‘environmental crimes’

16-01-2023 16:50 Argentina’s government has created a new unit to investigate and prevent environmental crimes, responding to the deliberate destruction of terrain for commercial purposes.

Covid surge: Officials recommend use of face-masks on public transport

11-12-2022 09:04 Rise in coronavirus cases in Buenos Aires City and Province prompts Transport Ministry officials to call on passengers to return to wearing face-masks.

Central Bank poised to hold the key rate at 75% into next year

30-11-2022 08:34 Central Bank tracking suggests monthly inflation could slow to about 5.5% in November, down from 6.3% in October. 

Patricia Bullrich: ‘Alberto Fernández, after the role he has played, cannot run again’

12-11-2022 07:24 PRO party chair and 2023 presidential hopeful on candidacies, Mauricio Macri’s role moving forward and the failed attack on Cristina Fernández de Kirchner.

by Jorge Fontevecchia

Kelly 'Raquel' Olmos: ‘Argentina has an exemplary labour movement’

05-11-2022 06:10 New Labour Minister Kelly 'Raquel' Olmos on Argentina’s labour movement, employment rights, collective bargaining, and Alberto Fernández’s re-election hopes.

by Jorge Fontevecchia

Argentina mulls tighter wheat export controls as crop withers

13-10-2022 16:49 Argentina is considering tightening the screws on wheat exports as a drought withers plants.

From Coldplay shows to the World Cup, Argentina mixes exchange rates

12-10-2022 08:23 Government officials on Wednesday will roll out new taxes applied to the official exchange rate for foreign travel ahead of the World Cup in Qatar next month and for locals attending concerts by artists such as British rock band Coldplay.

Students square off with City Hall as school seizure movement grows

29-09-2022 20:19 No end in sight to tensions, with as many as 20 schools throughout Buenos Aires now occupied by student demonstrators; City education minister points finger at Kirchnerism and warns parents will pay for losses.

by Sam Forster

Protesters set up camp on Avenida 9 de Julio as picketers demand social aid

27-09-2022 21:49 Militants of the Unidad Piquetera grouping set up tents on 9 de Julio Avenue as members vote to spend the night and extend protest demanding greater social aid from government.