Buenos Aires Times

Argentina Considers Extending VAT to International AI and Cloud Services

Argentina’s Economy Ministry is evaluating value-added tax rules for global artificial intelligence and cloud computing providers as authorities seek additional revenue from the expanding digital economy.

Rosario Grain Exchange Warns Paraná River Dredging Delays Threaten Export Logistics

Argentina’s Rosario agribusiness hub has warned that delays in maintaining the Paraná River waterway could reduce the efficiency of the country’s most important agricultural export corridor.

Vaca Muerta Producers Increase Oil and Gas Exports to Chile

Energy companies in Argentina’s Neuquén basin are raising exports to Chile through restored cross-Andean pipeline capacity, easing domestic transport constraints and expanding access to Pacific markets.

Argentina Aviation Disrupted as Unions Protest Aerolíneas Argentinas Privatization Push

Coordinated aviation strikes caused major travel disruption as unions opposed the government’s effort to privatize Aerolíneas Argentinas and end state subsidies to the national carrier.

Argentina Deepens Security and Investment Alignment With United States

President Javier Milei’s administration is strengthening ties with Washington as it seeks United States support on security, investment and efforts to eventually dismantle Argentina’s capital controls.

YPF Advances Floating LNG Export Project for Vaca Muerta Gas

YPF is moving ahead with engineering work on the Argentina liquefied natural gas project, which would use floating export infrastructure to supply markets including Europe and Brazil.

IMF Monitors Argentina’s Debt Repayment Capacity After $1 Billion Disbursement

The International Monetary Fund is assessing Argentina’s ability to meet substantial upcoming principal repayments without sharply reducing reserves following a $1 billion disbursement under its Extended Fund Facility.

Argentina’s Industrial Downturn Deepens Despite Falling Inflation and Fiscal Surplus

Manufacturing groups report the loss of more than 20,000 small businesses and 200,000 formal jobs over the past year as the private sector absorbs the recessionary effects of Argentina’s economic stabilization program.

YPF Advances Major Vaca Muerta Oil Pipeline to Atlantic Export Terminal

State-backed YPF is progressing a major pipeline project with Chevron and Pampa Energía to connect Vaca Muerta production with the Punta Colorada export terminal in Río Negro by late next year.

Argentina Approves $2.6 Billion Los Azules Copper Project for Investment Incentives

The Argentine government approved McEwen Copper’s participation in the Large Investment Incentive Regime, supporting more than $2.6 billion in planned development of the Los Azules copper project in San Juan province.

Tecpetrol Seeks Approval for $2.4 Billion Vaca Muerta Investment Under RIGI

Argentine energy producer Tecpetrol applied to the Large Investment Incentive Regime for a $2.4 billion program aimed at expanding unconventional oil and gas production in the Neuquén basin.

Argentina Senate Overrides Milei Veto of Emergency Disability Funding

Argentina’s Senate overturned the president’s veto of emergency disability funding, delivering a legislative defeat to the government and sharpening tensions over the social impact of its fiscal austerity program.

Argentina’s Lower House Upholds Milei Veto of Pension Increase After Street Clashes

The Chamber of Deputies sustained President Javier Milei’s veto of legislation raising pensions, preserving the government’s zero-deficit policy despite opposition in Congress and protests outside the legislature.

Argentina Central Bank Builds Reserves Beyond $10 Billion Accumulation Target

Argentina’s central bank has continued buying foreign currency, including more than $300 million in a recent session, as it strengthens reserves ahead of significant sovereign debt repayments.

Milei Government Submits Budget Forecasting 4% Growth Under Zero-Deficit Rule

President Javier Milei’s government submitted its federal budget framework to Congress with a 4% economic growth forecast and a commitment to maintain a zero fiscal deficit as inflation continues to slow.

Buenos Aires Funds Gálvez Autodrome Upgrade in Bid to Bring Back Formula One

City authorities allocated an initial 150 million pesos to upgrade the historic Gálvez racing circuit as part of an effort to attract major international motorsport events and associated tourism spending.

Study Warns AI Could Hit Argentina's Highest-Paid Formal Jobs Hardest by 2030

A private-sector analysis found that wider adoption of advanced artificial intelligence could disproportionately disrupt well-paid white-collar employment in Buenos Aires by 2030, adding pressure to an already divided labor market.

Buenos Aires Province Bank Raises $74 Million Through Dual-Currency Bonds

Banco Provincia raised $74 million through market debt issuance, securing funding despite the tighter fiscal environment imposed by Argentina's federal austerity program.

Italian Business Delegation Explores Argentine Energy, Infrastructure and Technology Investments

Representatives from 90 Italian companies arrived in Buenos Aires to assess opportunities in energy, infrastructure, technology and manufacturing ahead of possible changes to Mercosur trade arrangements.

Argentine Senate Summons Central Bank Chief Over Location of Sovereign Gold Reserves

Opposition senators called Central Bank President Santiago Bausili to disclose the location and status of gold assets transferred to overseas financial institutions, intensifying scrutiny of the management of national reserves.

Argentina Allocates 200 Billion Pesos to Banks to Revive Mortgage Lending

The federal government transferred 200 billion pesos to commercial banks to support residential mortgage lending and stimulate housing and construction activity in a weak domestic economy.

Vaca Muerta Operators Create $177 Million Fund to Upgrade Neuquén Roads

Oil and gas companies operating in Patagonia agreed to finance $177 million in highway repairs and expansion, seeking to ease transport bottlenecks affecting shale production while federal public works remain frozen.

Techint Raises Anti-Dumping Concerns After Losing Vaca Muerta Pipeline Tender

Techint chief executive Paolo Rocca criticized the loss of a major Vaca Muerta tubing contract to lower-priced Indian imports, highlighting growing friction between Argentina's domestic industry and the government's free-trade policies.

Posco Secures $700 Million IDB Loan to Expand Argentina Lithium Project

South Korea's Posco obtained a $700 million Inter-American Development Bank loan for the second phase of its lithium operations in Salta, supporting additional production of battery-grade materials for global electric-vehicle supply chains.

Chinese State Banks Join Financing for Major Argentine Infrastructure and Energy Projects

Chinese financial institutions confirmed participation in funding large Argentine development projects, maintaining Beijing's involvement in the country's energy and infrastructure sectors despite President Javier Milei's closer alignmen...

Argentina Holds Crawling Peg as Reserves Fall and Blue Dollar Reaches 1,550 Pesos

The central bank maintained its official exchange-rate policy despite a $322 million decline in reserves over five days, while the parallel-market dollar rose to 1,550 pesos and widened the gap with the official rate.

Argentina and Mercosur Open Talks to Expand Trade Agreement With India

Mercosur began negotiations in New Delhi to broaden tariff concessions with India from about 450 product categories to more than 3,000, potentially expanding market access for Argentine agricultural and industrial exports.

Argentine Household Loan Delinquency Reaches 18% as Real Wages Remain Under Pressure

Consumer and family loan defaults rose for a 21st consecutive month, with household delinquency reaching 18% as real wages struggled to absorb the impact of higher utility costs.

Argentina Loses 46,000 Formal Private-Sector Jobs in First Half of 2026

Official labor data showed 46,000 formal jobs were lost in construction and manufacturing during the first six months of 2026 as businesses adjusted to weaker domestic demand and the removal of state subsidies.

Argentina's August Inflation Slows to 1.7% as Consumer Demand Remains Weak

Monthly inflation eased to 1.7% in August, extending the government's disinflation trend, though weak retail activity and historically low meat consumption pointed to continued pressure on household purchasing power.

Argentina Approves More Than $13 Billion in New Vaca Muerta Investments

The Economy Ministry authorized investment plans worth more than $13 billion from Vista, Pampa Energía and Tecpetrol under Argentina's large-investment regime, accelerating drilling and infrastructure development in the Neuquén basin.

YPF Raises $1.2 Billion in Largest Argentine Corporate Bond Sale in More Than a Decade

YPF completed a $1.2 billion international bond issue, the country's largest corporate debt placement in more than a decade, as the state energy company raises capital for its Vaca Muerta expansion.

Argentina Draws More Than $21 Billion in Mining Commitments as Copper Overtakes Lithium

Argentina's large-investment incentive regime has attracted more than $21 billion in pending mining projects, with copper developments in the Andean provinces surpassing lithium as the leading source of new investment commitments.

Milei Submits 2027 Budget With Zero-Deficit Target Ahead of Election Year

President Javier Milei's government submitted its 2027 budget to Congress with a strict zero-deficit mandate, setting up a political test for its austerity program during the coming electoral year.

YPF Unveils $154 Billion Vaca Muerta Investment Plan

State-controlled energy company YPF outlined a decade-long investment program worth $154 billion to expand Vaca Muerta shale production, prioritize the Vaca Muerta Oil Sur pipeline and secure financing for the Argentina LNG export project.

Argentina’s Sovereign Risk Holds Near 500 Basis Points as Currency Gap Narrows

Argentine markets are showing cautious confidence in the government’s stabilization program, with sovereign risk near 500 basis points and parallel exchange rates moving closer to the official crawling peg despite continuing constraints ...

Argentina Audit Examines $8.6 Billion in Central Bank Gold Transfers

Argentina’s General Audit Office is investigating the location and transfer arrangements for about $8.6 billion in central bank gold assets, after the relocation of nearly two million ounces triggered demands from opposition lawmakers fo...

Argentina Manufacturing and Wages Weaken Despite Projected $25 Billion Trade Surplus

Industrial production fell more than 2% from a year earlier and registered salaries declined for a third consecutive month, even as energy and agricultural exports are projected to drive a trade surplus approaching $25 billion.

Argentina Considers ‘Super RIGI’ Incentives for AI, Data Centres and Semiconductors

Congress is advancing an expanded investment framework offering 30 years of tax, customs and foreign exchange stability for strategic projects worth at least $1 billion, targeting sectors including artificial intelligence, biotechnology ...

Argentina’s Dollar Purchases Slow as Domestic Economy Remains Under Pressure

Argentina’s central bank bought an average of just $12 million to $14 million a day in early September as liquid reserves held near $28 billion, while strong mining and agricultural exports contrasted with weak retail consumption and sta...

YPF Accelerates Vaca Muerta Investment and LNG Expansion Under RIGI Incentives

State-backed energy producer YPF is preparing major capital spending on hydrocarbon production, liquefied natural gas exports and pipeline infrastructure in Vaca Muerta under Argentina’s Large Investment Incentive Regime.

Argentina Files Criminal Charges Against Navitas Petroleum Over Falklands Oil Project

Argentina’s Foreign Ministry filed criminal charges against executives of Israel-listed Navitas Petroleum over its British-licensed Sea Lion project in the Falkland Islands, or Islas Malvinas, challenging an offshore development expected...

Milei Submits Argentina’s 2027 Budget as Growth and Inflation Outlooks Deteriorate

President Javier Milei presented the 2027 national budget to Congress while prioritizing negotiations with allied governors and lawmakers, as weaker growth expectations and higher inflation forecasts put pressure on the government’s fisc...