Overview
- Economy Minister Luis Caputo said the policy path is “indeclinable,” describing a new phase that combines orthodoxy, governability and broad social backing.
- He ruled out a free float for now and said the managed exchange rate with bands will continue due to money-demand volatility and a shallow FX market.
- Caputo reported nearly $100 billion in recently announced commitments, including 23 RIGI projects of about $50 billion with nine approved for roughly $25 billion over four years.
- He said provincial governors told the government they will support forthcoming labor and tax reforms intended to expand formal employment and competitiveness.
- Caputo cast the insurance industry as a growth engine and said a deficit-free state is key to channel domestic savings into capital markets, tying investor interest to President Javier Milei’s international reception.