The Libertarian Government of President Javier Milei Friday announced that Argentines wishing to import items for personal consumption will have a higher tariff-free cap of up to US$ 400, with only the value-added tax remaining applicable. In addition, purchases abroad for subsequent occasional exports will be spared any customs fee when up to US$ 3,000, from the current US$ 1,000. The initiative becomes effective next month, it was explained in Buenos Aires.
Add your comment!Former Argentine President Cristina Fernández de Kirchner (CFK) will no longer be collecting her pension nor that of her late husband Néstor Kirchner, also a former Argentine head of state, Presidential Spokesman Manuel Adorni announced Thursday.
1 commentArgentina's leading public workers labor union Association of State Workers (ATE) launched at noon Tuesday a 36-hour strike to protest against the Libertarian administration of President Javier Milei's recent layoffs and spending cutbacks, in addition to demanding wage adjustments to cope with inflation. The measure is also fueled by a 24-hour stoppage affecting air, railroad, and underground services.
The Argentine Government of President Javier Milei announced Monday that it was dissolving the Federal Administration of Public Revenues (AFIP), which is to be replaced by a simplified agency known as ARCA which will also assume Customs functions.
According to a report from the National Institute of Statistics and Census (Indec), released Thursday, poverty in Argentina rose to 52.9% in the first half of 2024, affecting nearly around 25 million people, while indigence stood at 18.1% (8.5 million). These figures represented a significant setback from the 41.7% (19.5 million people) poverty rate from the second half of 2023. The Indigence Index measures people whose income is not even enough to buy the minimum amount of food for subsistence.
Argentina's Presidential Spokesman Manuel Adorni has been promoted to Minister. President Javier Milei also insists that there is no money and vows to do his utmost to achieve a zero fiscal deficit while curbing government expenditures.
Flag carrier Aerolíneas Argentinas had to cancel 319 flights Friday, altering the travel plans of some 37,000 passengers, as a result of a joint strike carried out by the airline industry labor groupings representing either pilots or crewmembers.
Argentine Foreign Minister Diana Mondino said opposition candidate Edmundo González Urrutia had won Sunday's presidential elections in Venezuela. Without any doubt, he is the legitimate winner and President-elect, she stressed on X in defiance of the National Electoral Council's (CNE) announcement in Caracas assuring the incumbent Nicolás Maduro had triumphed.
According to the latest issue of the International Monetary Fund's World Economic Outlook (WEO) report, Argentina's Gross Domestic Product (GDP) is expected to fall 3.5% in 2024, which represented a setback from the 2.8% predicted back in April. Regarding next year, the IMF kept the 5% growth projection unchanged.
Brazilian President Luiz Inácio Lula da Silva insisted that he was not talking to his Argentine counterpart Javier Milei until the latter apologized to him and his country for his derogatory remarks during last year's campaign in which the Libertarian leader spoke of a “corrupt Communist” while remaining close to Lula's adversary and then incumbent Jair Bolsonaro.