Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, July 29th 2026 - 08:36 UTC

Tag: Luis Caputo

  • Monday, July 27th 2026 - 19:59 UTC

    IMF chief says Argentina is in “a strong position” despite missing its fiscal target

    It is Georgieva's first visit to the country since taking over the institution in 2019 and the first by a top IMF official to Buenos Aires in eight years

    International Monetary Fund Managing Director Kristalina Georgieva on Monday endorsed the economic program of Javier Milei's government during a visit to Buenos Aires and ruled out that the country will need additional financing from the institution next year, when presidential elections are due. “Argentina today is in a strong position,” she said at a press conference alongside Economy Minister Luis Caputo.

    Add your comment!
  • Tuesday, July 21st 2026 - 01:05 UTC

    Argentina's June trade surplus rises 149% year-on-year on stronger exports

    The June surplus, however, marked a 36.4% drop from May's figure, which had been a record $3.450 billion

    Argentina posted a trade surplus of $2.194 billion in June, a 149.6% increase from the same month in 2025, driven by growth in exports, the National Institute of Statistics and Census (Indec) reported on Monday.

    Add your comment!
  • Tuesday, June 30th 2026 - 08:27 UTC

    Argentina taps the local market to fund a $4.2 billion bondholder payment due July 9

    The strategy of Economy Minister Luis Caputo was aimed at obtaining foreign currency in the local market rather than turning to international credit markets, where rates for Argentina remain high

    Argentina's Economy Ministry on Monday completed the placement of the Bonar 2028 (AO28), a dollar-denominated bond under local law, raising most of the funds needed to face a maturity of around $4.2 billion with private debt holders due on July 9. In the second round of the auction, the Finance Secretariat awarded $100 million, thereby reaching the authorized cap of $2 billion for that instrument.

  • Tuesday, June 2nd 2026 - 21:44 UTC

    Argentina's economy minister dismisses opposition's 2027 chances, touts dollar inflows

    “There can be an external shock, oil can go to 400 dollars, there can be a world war or an alien invasion, but Kicillof will never be president in his life in Argentina,” Caputo told an audience

    Argentina's economy minister, Luis Caputo, ruled out on Tuesday that Kirchnerism could win the 2027 presidential election and, in particular, that the governor of Buenos Aires province, Axel Kicillof, could reach the presidency. Speaking before the Argentine-Brazilian Chamber of Commerce (CAMBRAS), the minister also projected that the Central Bank (BCRA) would overshoot the reserve-buying target agreed with the International Monetary Fund (IMF).

  • Monday, May 11th 2026 - 20:32 UTC

    Milei government cuts nearly 1.79 billion dollar from budget with sharp education adjustment

    The politically most sensitive cut affects the Education Secretariat, with a reduction of 78.7 billion pesos (around 56 million dollars)

    The government of Javier Milei amended Argentina's 2026 budget on Monday with a cut of nearly 2.5 trillion pesos (around 1.79 billion dollars at the parallel exchange rate) —equivalent to approximately 1.6% of the total— in an administrative decision that deepens the adjustment effort to sustain the fiscal surplus target agreed with the International Monetary Fund. The measure, signed by Chief of Staff Manuel Adorni and Economy Minister Luis Caputo, comes one day before the fourth Federal University March, called for Tuesday with its main event in Plaza de Mayo.

  • Wednesday, April 29th 2026 - 02:02 UTC

    Argentina expects to raise $2 billion from privatizations this year, says Minister Caputo

    “We are carrying out privatizations and concessions. The plan is to wrap them up by year-end. This will generate revenue of $2 billion,” Caputo said

    Argentina's Economy Minister Luis Caputo announced on Tuesday that the state expects to raise around $2 billion before year-end through a package of privatizations and concessions of public companies, in what constitutes one of the pillars of President Javier Milei's economic program and a central commitment to the International Monetary Fund (IMF). The remarks were made at Expo EFI, the country's main economics and finance forum, on a day when the government took concrete steps on at least two of the most significant operations on its agenda.

  • Monday, April 27th 2026 - 14:40 UTC

    Argentine economy ministry secretary resigns over seven undeclared properties in Miami

    The investigation identified the companies Genova LLC and Waki LLC as the vehicles used to acquire the properties, located in Palm Beach county and Miami

    Argentine Economy Minister Luis Caputo on Sunday accepted the resignation of Infrastructure Coordination Secretary Carlos Frugoni, following a media investigation that revealed the official failed to declare to Argentine tax authorities seven apartments in the state of Florida, acquired through two limited liability companies incorporated in Delaware. Frugoni, who had been in the post for just four months, now faces a complaint for alleged illicit enrichment and malicious omission in his asset declarations.

  • Tuesday, April 14th 2026 - 01:39 UTC

    Argentina awaits year's highest inflation reading as Caputo bets on “best 18 months”

    The Central Bank's latest Market Expectations Survey (REM) yielded an average of 3%, though the top ten ranked analysts estimated 3.1%

    Argentine Economy Minister Luis Caputo said on Monday that March inflation will exceed 3%, which would make it the highest monthly reading of 2026, hours before the national statistics agency INDEC is scheduled to release the Consumer Price Index on Tuesday, April 14, at 4:00 p.m.

  • Tuesday, February 10th 2026 - 21:14 UTC

    Argentina: January inflation hits 2.9% and 12-month rate reaches 32.4%, INDEC says

    The data release comes amid controversy over the government’s decision to delay a planned overhaul of the CPI methodology

    Argentina’s inflation came in at 2.9% in January, taking the 12-month rate to 32.4%, according to the national statistics agency INDEC. The reading marked an acceleration of 0.1 percentage points from December.

  • Tuesday, February 10th 2026 - 04:25 UTC

    Argentina faces ARS 10 trillion maturities as Treasury sets Feb. 11 debt auction menu

    “They are high, obviously,” Economy Minister Luis Caputo said when asked about peso interest rates; he blamed the level on pre-election volatility and a “political attack” against the administration

    Argentina’s Economy Ministry published the instrument menu for the Feb. 11 debt auction, closely watched by markets given the size of maturities: nearly ARS 10 trillion (around USD 7 million), about ARS 9 trillion of which is held by private investors.

Previous