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MercoPress, en Español

Montevideo, November 21st 2024 - 19:25 UTC

Tag: Luis Toto Caputo

  • Friday, June 7th 2024 - 12:08 UTC

    Milei likes being the mole destroying the State from within

    An interview Milei gave to a US website The Free Press last week in California was broadcast Thursday

    Argentine President Javier Milei sparked controversy once again Thursday when an interview he gave last week to the news site The Free Press during his trip to the United States was aired. He said he loved “being the mole inside the State” who was to destroy it “from the inside,” thanks to which his country would become a paradise.

  • Thursday, May 16th 2024 - 19:08 UTC

    Argentina needs to solve its exchange rate problem, IMF spokeswoman says

    Milei's government will need to evolve to keep its successful plan going, Kozack warned

    International Monetary Fund (IMF) Spokeswoman Julie Kozack said that Argentina needed to lift the exchange rate ceiling if the government were to protect the country's Central Bank reserves. Kozack's remarks during a press conference came a day after Economy Minister Luis Toto Caputo announced that the South American nation was on course to dollarization.

  • Monday, May 13th 2024 - 20:45 UTC

    Argentina passes IMF test with flying colors, will get US$ 800mn

    The IMF thanked Caputo and Bausili for their strong commitment to restoring economic stability

    After passing the eighth review of its debt refinancing program with the International Monetary Fund (IMF), Argentina is expected to receive a US$ 800 billion disbursement in the coming weeks, it was announced Monday. However, the transaction still needs to be approved by the IMF Board of Directors.

  • Thursday, May 2nd 2024 - 19:11 UTC

    Argentina: Drop in retail prices expected soon

    Caputo agreed with executives from the main supermarket chains that imported goods would help lower the retail prices

    In line with President Javier Milei's chainsaw politics to curb inflation, Argentine supermarkets expect a drop in retail prices shortly once imported items arrive to compete with local production as agreed upon with the Economy Ministry in March, it was reported in Buenos Aires.

  • Tuesday, April 23rd 2024 - 10:33 UTC

    Milei praises his own administration for its financial surplus

    “Inflation is theft. Zero deficit is a commandment,” Milei insisted

    Argentine President Javier Milei Monday highlighted his administration's performance bringing about a financial surplus worth AR$ 276.638 billion (US$ 276.638 million), which constituted a “historical feat.” He also said this achievement of three consecutive surplus-yielding months -something unheard of since 2008- was possible thanks to his administration's “chainsaw” policies cutting State expenditures. Argentina's economic performance fell well within the goals agreed upon with the International Monetary Fund (IMF).

  • Friday, April 12th 2024 - 21:40 UTC

    Argentina: Inflation in March reaches 11%

    Friday's results somehow corroborated Economy Minister Luis Toto Caputo's forecast

    According to a report released Friday in Buenos Aires by Argentina's National Institute of Statistics and Census (Indec), the Consumer Price Index (CPI) in March in the South American country went up 11% for an interannual total of 287.9%. The new figure represented a 2.2% decrease from February but a 51.6% growth in the first quarter of 2024.

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