News of privatisation

AySA's bond rally faces key privatisation test

27-03-2025 17:45 Debt holders of state-owned water and sewage company AySA are reaping a windfall after President Javier Milei scrapped some price controls for public utility services.

POLITICS & ECONOMY

Milei opens up Argentina's largest bank to private capital

20-02-2025 13:15 Before travelling to the United States, Milei signs decree transforming Banco Nación into a public limited company; Privatisation had been previously proposed by the government, but Congress rejected it.

STATE SELL OFF

Milei’s first Argentina privatisation beset by US$536-million debt

29-11-2024 21:57 President Javier Milei is imposing a December deadline on Argentina’s first bid to sell a long list of state-run companies to the private sector, outlining how challenging it will be.

STATE SELL OFF

Milei’s privatisation blitz begins with state cargo rail firm

24-10-2024 07:19 This is the first privatisation in the railway sector in the Milei era. It announced the privatisation of Belgrano Cargas y Logística SA. This was announced by presidential spokesman Manuel Adorni, in statements to the press.

STATE SELL-OFF?

Fifty-nine state firms targeted for privatisation by Milei

22-10-2024 10:17 President Javier Milei has ordered officials to accelerate his government’s push to privatise almost 60 state firms; Team of around 30 staff members tasked with assessing the future of public companies.

STATE CARRIER

Milei to declare Aerolíneas Argentinas ‘subject to privatisation’ via decree

27-09-2024 14:10 Government seeks to speed up sell-off of state carrier; President Javier Milei will declare Aerolíneas Argentinas “subject to privatisation” via a decree in the “next few days,” says spokesperson.

UNREST AT STATE AIRLINE

Government responds to Aerolíneas union strikes with sell-off threat

19-09-2024 15:27 Milei administration warns striking aviation workers, says it has opened talks with private companies over the privatisation of state carrier Aerolíneas Argentinas.

POLITICS & ECONOMY

Privatisations, relaunches and retirements – Milei’s plan for state media

26-08-2024 19:14 President Javier Milei has managed to shutter the Télam news agency and is attempting to downsize and sell off a host of Argentina’s state media outlets – but are his plans working? And what is the “relaunch” his administration is planning?

by Julian D'Imperio

STATE SELL-OFF

First privatisation of Milei era on way? New owner of IMPSA to be defined

09-08-2024 15:02 IMPSA metallurgical company, which once exported technology to dozens of countries but today is heavily indebted, set to be sold off to US company.

PRIVATISATION

Government still intends to privatise Aerolíneas Argentinas, other state firms

13-06-2024 17:02 Following the approval of the 'Ley de Bases' bill in Senate and concessions on selling off of state firms, Presidential Spokesman Manuel Adorni insists that President Milei still intends to sell off flagship carrier and other public firms.

STATE FIRM IN SPOTLIGHT

Vested interests stall Milei’s plan for Fabricaciones Militares state munitions plant

29-05-2024 12:15 Milei government offers voluntary retirements as it defines what to do with a massive state firm owning thousands of hectares. Numbers in the red for state-run arms manufacturer, but its system of inter-administrative direct contracting also makes it attractive.

Congress

Milei suspends plan to privatise Argentina state oil company YPF

22-01-2024 13:18 Privatisation of state-run oil company YFP has been cut from President Javier Milei sweeping reform bill in Congress negotiations.

OIL & GAS

State energy firm YPF out of Milei’s privatisation crosshairs

19-01-2024 19:26 State-owned oil firm will not be privatised by Javier Milei’s government, after his party reached an agreement with opposed lawmakers to smooth overall passage of Omnibus bill.

FOOTBALL & POLITICS

Boca election result is a victory for Riquelme and clubs nationwide

22-12-2023 13:47 Ibarra and Macri proceeded in a desperate campaign to link Boca’s legendary ex-playmaker with some sort of shadowy plot to construct the Xeneize as the last bastion of evil Kirchnerism. Their gambit backfired.

by Dan Edwards

MILEI (AND MACRI) VERSUS AFA

Milei moves to allow privatisation of Argentina’s football clubs

21-12-2023 15:40 AFA and sporting institutions ready to challenge libertarian leader’s move; President intends to let clubs “take it or leave it,” says official.

by James Grainger

POLITICS

Ex-Casa Rosada legal chief Vilmar Ibarra questions Milei's reform blitz

21-12-2023 12:50 Vilmar Ibarra, Legal & Technical secretary to the Presidency during Alberto Fernández's government, has issued strident criticism of Javier Milei's sweeping economic and labour reform package, warning that it is a clear "violation of the division of powers."

REFORM BLITZ

President sets up Aerolíneas Argentinas and YPF for sell-off

21-12-2023 11:15 Milei announces slew of reforms that would allow tens of state-controlled firms, many of them money-losing, to be sold off. Among them, national airline Aerolíneas Argentinas SA and, after a "transition period," state energy firm YPF.

PRIVATISATION BLITZ?

Milei government intends to privatise railways, confirms minister

17-12-2023 06:11 Infrastructure Minister Guillermo Ferraro reiterates that President Javier Milei intends to "remove the state from the economy" and advance with privatisation of Argentina’s rail and train network.

PRIVATISATION PLANS

Oil driller YPF surges as victorious Milei touts privatisation

20-11-2023 17:46 YPF SA surges following election of Javier Milei, who says he plans to privatise the state-owned oil and gas producer and remove controls stymieing the sector.

PRESIDENT-ELECT

YPF, TV Pública, Télam – Milei confirms privatisation plans

20-11-2023 10:14 First definitions from Argentina’s new president-elect Javier Milei; Libertarian confirms plan to privatise YPF energy firm, state TV and radio broadcasters and Télam news agency.

POLITICS & FOOTBALL

Riquelme says he will face Macri in battle for control for Boca

15-11-2023 16:14 Juan Román Riquelme, Boca's current vice-president, says he will run in December 2 elections; Retired playmaker will head a ticket facing a challenge from Andrés Ibarra and ex-president Mauricio Macri.

ELECTION 2023

Argentina's football clubs condemn Macri and Milei's privatisation plans

13-11-2023 15:03 More than a dozen professional football clubs in Argentina simultaneously issue statements declaring their opposition to any plans to privatise local sporting institutions.

ELECTION 2023

Milei’s former billionaire boss praises his Argentina contender

21-09-2023 09:58 Eduardo Eurnekian, an Argentine billionaire and former boss of presidential frontrunner Javier Milei, praised contender Patricia Bullrich while stopping short of offering his explicit backing ahead of the country’s general election in October.

ELECTION 2023

'A complete reform of the State': Milei presents plan for government

03-08-2023 15:45 Libertarian presidential hopeful outlines ideas for privatisation of healthcare, education and public works projects. Milei intends to slash government portfolios, unifying ministries while eliminating the Central Bank.

Election 2023

Electoral platform: Dollarisation, privatisations, guns, no sexual ed

18-05-2023 15:33 Leaked electoral platform presented by libertarian lawmaker to Judge María Servini features more than 60 proposals he aims to put into practice if he becomes president.