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Argentina Courts British Investors With Bullish 2026 Outlook and Tax-Cut Reform Push

The economy minister used the meeting to preview a legislative package meant to signal policy continuity.

Overview

  • Economy Minister Luis Caputo told British companies that 2026 "will be spectacular" due to a convergence of positive political, economic and social factors.
  • He said the government will send an extraordinary-session package to Congress as a signal of macroeconomic order and lower taxes, highlighting labor reform and a Fiscal Presumption of Innocence bill.
  • Caputo stressed capital-market development and credit as growth pillars and argued competitiveness depends on tax relief rather than a high exchange rate.
  • Vice Minister José Luis Daza cited an acceleration of investment projects following La Libertad Avanza’s strong showing in the October legislative elections.
  • Business attendees praised national tax cuts but warned that provincial and municipal levies remain distortive burdens, and Caputo separately denied reports of a US$20 billion rescue with U.S. banks.