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MercoPress, en Español

Montevideo, June 19th 2026 - 04:56 UTC

Tag: Luis Caputo

  • 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.

  • Wednesday, February 4th 2026 - 02:51 UTC

    Argentine shares slide in New York as country risk climbs above 500 points

    The sharpest moves came in Wall Street, where Argentine ADRs fell as much as 33%

    Argentine stocks and hard-currency bonds fell on Tuesday, hit by a risk-off turn in global markets and fresh domestic uncertainty tied to the stalled overhaul of inflation measurement following Marco Lavagna’s departure from INDEC.

  • Tuesday, February 3rd 2026 - 12:34 UTC

    Argentina’s stats chief quits as Milei’s government freezes inflation index overhaul

    Caputo (left) linked Lavagna’s (right) resignation to disagreements with President Javier Milei over timing, and said: “There is no need to change the index now… it makes virtually no difference.”

    Argentina’s national statistics agency, INDEC, said its director, Marco Lavagna, stepped down on Monday after more than six years in the post, just as the country was preparing to launch a revamped consumer price index (CPI). Within hours, Economy Minister Luis Caputo confirmed the methodology change would be delayed indefinitely “until the disinflation process is consolidated,” with no new date set.

  • Tuesday, January 20th 2026 - 02:16 UTC

    BYD ship reaches Argentina with record delivery of nearly 5,800 electric and hybrid vehicles

    BYD framed the shipment as both a logistics milestone and a strategic expansion step

    The BYD Changzhou car carrier docked on Monday at Terminal Zárate, in Argentina’s Buenos Aires province, and unloaded around 5,800 hybrid and electric vehicles shipped from China—described by local coverage as the largest single import landing of its kind in the country.

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