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Post-World Cup Agenda: Argentina Government Pushes Tax Amnesty, Transfers Highways, and Milei Travels to Brazil

With the World Cup final behind them and Congress in recess, Argentina's government is reorganizing its agenda. This Wednesday, Economy Minister Luis Caputo is expected to unveil a second tax amnesty (Inocencia Fiscal II) targeting an estimated $170 billion held outside the system. Meanwhile, a key highway will be transferred to Santa Fe province, President Javier Milei prepares for a trip to Brazil, and Aerolíneas Argentinas announces a fleet renewal.

Guide to Milei's Shutdown: Keys to State Spending Cuts

Guido Rangugni, president of ASAP, breaks down the viability of the state closure proposed by the government. He explained that Argentina has legal tools to adjust public spending by up to 20% in real terms without resorting to this typical US measure.

Milei Pushes for US-Style Government Shutdown in Argentina

Argentine President Javier Milei is advancing a mechanism to "shut down" non-essential state areas if the budget runs out. Inspired by the US system, this initiative accompanies key economic reforms, including a new Central Bank Charter that would criminally penalize money printing to finance the Treasury.

Milei's Government Considers US-Style Shutdown to Ensure Budget Approval

President Javier Milei's administration is reportedly evaluating a US-inspired government shutdown mechanism to pressure Congress into passing the national budget. Led by Cabinet Chief Diego Santilli, this initiative aims to ensure financial stability, with country risk dropping to 410 basis points.

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Alfredo's Column Alfredo S. Quiroga

Alfredo S. Quiroga
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