Luis Caputo

Luis Caputo, a top economic aide to President Javier Milei, has not issued any foreign bonds in nearly three years, contrasting with his previous role where he raised over $40 billion through foreign bond markets and was labeled a 'serial borrower.'

IMF Managing Director Kristalina Georgieva praised Argentine President Javier Milei’s austerity policies for restoring market confidence and improving Argentina’s economic outlook. The country faces key debt repayment periods starting in 2024 and 2027, with the IMF expressing confidence in Argentina’s ability to meet obligations.

IMF Managing Director Kristalina Georgieva praised Argentina's economic reforms under President Javier Milei, stating the country is better positioned to meet its debt obligations. Argentina's economic outlook has improved with reduced inflation, rising bond prices, and credit rating upgrades, though significant repayment challenges remain in 2027.

IMF Managing Director Kristalina Georgieva praised Argentina's improved economic position under President Javier Milei, citing restored market confidence and progress on debt obligations. Argentina faces key repayments starting next year, with inflation dropping to 33% and credit ratings upgraded by major agencies.

IMF Managing Director Kristalina Georgieva praised Argentina's economic reforms under President Javier Milei, stating the country is better positioned to meet its debt obligations. Argentina faces key repayment periods starting next year, with improved economic indicators like reduced inflation and upgraded credit ratings. Georgieva highlighted restored market confidence and plans to visit Vaca Muerta, a major oil and gas reserve.

IMF Managing Director Kristalina Georgieva praised Argentina's economic program during her visit to Buenos Aires, stating the country is in a strong position and does not need additional IMF financing next year when presidential elections are due.

Argentina’s Fiscal Innocence Plan, relaunched by Luis Caputo, allows Argentines to bank hidden dollars without scrutiny, aiming to recover an estimated US$170 billion in unreported funds. The initiative targets dollars held outside the formal financial system.

Argentina plans to meet its debt payments through 2027 using home-grown debt, with a $3.7bn buffer in its 2026 financing plan, aiming to reduce reliance on Wall Street. Economy minister Luis Caputo outlined the strategy as part of Argentina's financial approach.

Argentina's Economy Minister Luis Caputo is pushing banks and brokers to create a real-estate fund to revive home lending, modeled after a real-estate investment trust (REIT). However, most Argentine home buyers still pay cash, and mortgage-backed sales have declined.

Argentina's central bank met its annual dollar-buying target in six months by purchasing over $10 billion. Economy Minister Luis Caputo noted the potential to buy up to $24 billion at the current pace, but the catch is that these purchases don't reflect net reserves.

Carry traders are shifting their focus from the US dollar to emerging-market currencies. The article mentions exchange rates between the US dollar and Brazilian real in Buenos Aires, Argentina, and notes Economy Minister Luis Caputo's efforts to finalize US financial support for Argentina.

Argentina's inflation slowed to 2.1% in May, the lowest in eight months, providing a boost for President Javier Milei. The government highlighted the decline, but annual inflation remains at 33.2%, and challenges persist, including corruption scandals and economic struggles in retail and manufacturing sectors.