Buenos Aires Times

Córdoba Highlights Education Results as Province Promotes High-Tech Workforce

Provincial authorities say Córdoba’s performance in international education assessments strengthens its position as a source of skilled workers for software development and other digital industries.

Argentina Removes Federal Taxes From Highway Privatizations to Target Freight Costs

The Economy Ministry has eliminated federal taxes tied to upcoming toll-road privatizations and is pressing provincial governments to remove gross-receipts taxes in an effort to lower domestic logistics costs.

Argentina’s Senate Advances New Biofuels Framework With Higher Blending Requirements

The Senate has approved a new regulatory framework for biofuels that would increase mandatory blending levels for bioethanol and biodiesel, sending the proposal to the lower house for further consideration.

Buenos Aires Governor Kicillof Opposes Partial Privatization of Argentina’s Nuclear Operator

Governor Axel Kicillof has pledged to oppose the federal government’s nuclear privatization plans, which call for selling 44% of state-controlled Nucleoeléctrica Argentina while retaining a 51% government stake.

Luis Caputo Faces Criminal Complaint Over Central Puerto’s AbraSilver Investment

A criminal complaint seeks an investigation into possible conflicts surrounding Central Puerto’s profitable sale of its AbraSilver stake after the mining project received benefits under Argentina’s Large Investment Incentive Regime; no w...

Argentina Cuts Science and Technology Funding as University Dispute Deepens

Federal science and technology funding has fallen sharply in real terms from 2023 levels as the government maintains its fiscal targets, intensifying tensions with universities over public financing.

Milei and Caputo Take Argentina’s Investment Pitch to Global Executives in New York

President Javier Milei and Economy Minister Luis Caputo are using meetings around the United Nations General Assembly and New York financial markets to promote Argentina’s Large Investment Incentive Regime to international investors.

AySA Privatization Advances as Argentina Seeks Buyer for 90% State Stake

Argentina’s government is moving ahead with the privatization of water utility AySA after opening the bidding process for the state’s 90% shareholding.

Higher US Treasury Yields Push Argentina’s International Borrowing Costs Above 10%

Argentina’s sovereign risk premium has risen to 524 basis points, lifting the implied cost of new international debt above 10% and complicating government plans to regain cheaper access to global markets.

Argentine Household Loan Arrears Climb to About 13% as Financial Stress Persists

Central Bank figures show consumer loan and credit-card arrears near historically high levels, highlighting continued pressure on household finances and domestic consumption.

Argentina’s Exports Rise 12.4% as Agriculture and Energy Shipments Expand

Argentina’s August exports increased 12.4%, led by soybean-related sales and growing hydrocarbon shipments that are bringing additional foreign currency into the economy.

Milei Government Moves to Toughen Sanctions Over Falkland Islands Resource Projects

President Javier Milei’s government has proposed stronger penalties against companies and individuals involved in unauthorized resource activity around the British-controlled Falkland Islands, which Argentina claims as the Malvinas.

Argentina Advances $2.2 Billion Vaca Muerta Pipeline Expansion

The government and private energy groups have finalized a $2.2 billion infrastructure expansion intended to supply northern Argentina, reduce reliance on imported fertilizer inputs and support a future gas export corridor to Brazil.

Argentina Maps $25 Billion Financing Plan Ahead of Heavy 2027 Debt Payments

Economy Minister Luis Caputo is relying on domestic bond sales, multilateral financing and other funding sources as Argentina prepares for roughly $25 billion in debt obligations during the 2027 election year.

IMF Review Nears as Argentina’s Central Bank Builds Foreign Reserves

An International Monetary Fund technical mission is set to review Argentina’s economic program as the Central Bank’s reserve purchases move beyond the annual accumulation target and the country approaches another IMF payment.

Buenos Aires Marathon Boosts Hotel and Tourism Activity Across the Capital

The Buenos Aires International Marathon drew thousands of overseas athletes and visitors, lifting hotel occupancy and spending in major hospitality and dining districts including Puerto Madero and Palermo.

Severe Weather Disrupts Mining and Transport Across 17 Argentine Provinces

Argentina’s meteorological service issued maximum alerts for strong Zonda winds and heavy Andean snowfall, disrupting transport routes serving lithium and copper operations in high-altitude mining regions.

Argentina’s Labor Recovery Splits Between Expanding Export Sectors and Weak Domestic Industries

Employment is increasing in energy, mining, software and artificial intelligence, while traditional manufacturing and construction continue to lose jobs amid weaker domestic demand and reduced state support.

UK Rejects Argentine Sanctions Threat Over South Atlantic Oil Exploration

British authorities rejected Argentine threats to sanction companies involved in offshore oil exploration near the Malvinas Islands, keeping longstanding tensions between Buenos Aires and London over economic activity in the South Atlant...

Argentina Reports Slight Rise in Household and Small-Business Loan Defaults

Financial monitoring data show a moderate increase in defaults among households and small and medium-sized companies as weak domestic consumption and fiscal tightening continue to weigh on parts of the economy.

Neuquén Draws More Than $400 Million in Property Investment Around Vaca Muerta

More than $400 million is being invested in housing, hotels and logistics facilities around Neuquén as growing energy activity attracts workers, contractors and multinational companies to the Vaca Muerta region.

Argentine Farm Exporters Delay Dollar Sales While Awaiting Exchange-Rate Changes

Agricultural producers in the Pampas and Santa Fe regions are holding back crop sales and foreign-currency liquidations as they wait for a potentially more favorable unified exchange rate ahead of the next harvest.

Argentina’s Central Bank Reserves Slip Below $50 Billion Despite Dollar Purchases

The Central Bank bought $36 million in the wholesale foreign-exchange market during the latest session, while gross international reserves remained just below $50 billion amid debt payments and market interventions.

Economists Warn Argentina’s Currency Interventions Are Limiting Reserve Accumulation

Argentine economists including Carlos Melconian have warned that central bank intervention in foreign-exchange markets is absorbing dollar inflows from energy exports and slowing the buildup of hard-currency reserves.

Compañía Mega Wins RIGI Approval for $360 Million Natural Gas Liquids Expansion

Argentina’s Economy Ministry approved a $360 million investment by Compañía Mega under the RIGI framework to expand processing and exports of natural gas liquids produced from Vaca Muerta.

Argentina’s Supreme Court Prepares Ruling on Municipal Tax Applied to Wind Farms

The Supreme Court is set to rule on the legality of a municipal levy imposed on wind farms in Olavarría, a case expected to clarify limits on local taxation affecting renewable-energy projects.

Argentina Expands RIGI Investment Program to Cover Freight Railway Upgrades

The government has extended its large-investment incentive framework to major railway projects aimed at lowering transport costs for agriculture and mining and improving links to export terminals in Rosario and Buenos Aires.

Milei Coalition Pushes Senate Vote on Central Bank Reform and Monetary Financing Ban

Argentina’s governing coalition is seeking Senate approval for changes to the Central Bank charter that would prohibit monetary financing of the Treasury and place existing fiscal restrictions into law.

Oldelval Completes Pipeline Expansion to Boost Atlantic Oil Export Capacity

Pipeline operator Oldelval has completed an expansion toward Bahía Blanca that raises capacity for crude shipments from Patagonia and could support up to 500,000 barrels a day of Atlantic export flows.

Argentina Projects Inflation Will Fall to 18% by 2027

Argentina’s Economy Ministry submitted projections to Congress showing inflation declining to 18% by 2027 while the government maintains its fiscal tightening program and managed official exchange-rate policy.

TGN Plans $2.2 Billion Gas Pipeline Linking Neuquén With Córdoba

Transportadora de Gas del Norte plans to invest $2.2 billion in the 700-kilometer Manuel Belgrano pipeline, designed to move more Vaca Muerta gas to northern industrial areas and reduce reliance on energy imports by 2029.

Vaca Muerta Drives Argentina’s Oil Output to Record 900,000 Barrels a Day

Argentina’s oil production has reached a record 900,000 barrels a day, with Vaca Muerta accounting for nearly 70% of domestic crude output as the shale basin becomes increasingly central to the country’s energy exports.

Argentina’s Sovereign Risk Rises Above 520 Basis Points as Bonds and Shares Fall

Argentina’s JPMorgan EMBI country-risk measure climbed above 520 basis points as investors sold sovereign debt and US-listed Argentine shares amid concerns over the managed exchange rate and delayed currency unification.

IMF Mission Arrives in Buenos Aires to Review Argentina’s Fiscal and Reserve Targets

An International Monetary Fund delegation is reviewing the Milei administration’s fiscal surplus, central bank reserve accumulation and timetable for easing foreign-exchange controls during talks in the Argentine capital.

YPF Submits $51 Billion Argentina LNG Project for RIGI Investment Incentives

State-controlled YPF has submitted its Argentina LNG project for inclusion in the RIGI investment framework, outlining a $51 billion capital plan aimed at turning Vaca Muerta into a major global natural gas supplier by the end of the dec...

Buenos Aires Expands Financing and Training Support for Technology Companies

Banco Ciudad and the Buenos Aires municipal government have expanded training and financing programs for small technology businesses operating in the capital’s innovation districts.

Argentine Study Finds Consumer Prices Vary by Up to 30% Between Provinces

A national economic study found identical consumer goods can cost as much as 30% more in some provinces than others, reflecting differences in freight costs, taxation and distribution networks.

Argentina’s Sovereign Risk Premium Climbs Above 500 Basis Points

Argentina’s country-risk index briefly rose above 500 basis points while local equities fell more than 2% during a volatile week shaped partly by changes in U.S. monetary policy.

Argentina Consumer Confidence Rises 2.4% After Two-Month Decline

Torcuato Di Tella University reported a 2.4% increase in consumer confidence in September, with improving sentiment in interior provinces offsetting continued weakness in the Federal Capital.

Digital Transfers and Wallets Accelerate Changes in Argentina’s Payments Market

Rapid growth in account-to-account transfers and new payment products from cryptocurrency exchanges is pushing traditional banks to upgrade retail technology and compete with expanding digital-wallet services.

Argentine Ports Plan Infrastructure Upgrades to Handle Growing Energy and Farm Exports

Eight of Argentina’s 10 public port authorities are planning significant upgrades to dredging and cargo capacity as oil, gas and agricultural exports place greater demands on national logistics networks.

Argentina Senate Advances Higher Biofuel Blending Requirements

Argentina’s Senate took an initial step toward raising mandatory bioethanol and biodiesel blending levels, a change that could increase domestic demand for agricultural feedstocks and renewable fuels.

Argentina’s Public Debt Edges Higher After $28 Billion in Financing Operations

Public debt rose slightly in August following $28 billion in central-government financing operations as the Economy Ministry rolled over short-term peso liabilities while maintaining fiscal surpluses.