Argentina unveils bold new regulations on “Inocencia Fiscal,” inviting citizens to transform their hidden “mattress dollars” into formal bank assets. This groundbreaking initiative seeks to boost liquidity and drive greater fiscal transparency, MercoPress reports
Argentina’s Economy Minister Milei is taking bold action to rein in the currency market as the peso supply surges, aiming to stabilize the fragile economy amid soaring inflation and a sharp rise in capital flight, Bloomberg reports
In a significant move for his administration, President Javier Milei announced Argentina’s new deal with the IMF, marking a pivotal step towards economic stabilization. The agreement coincides with the removal of most capital controls, signaling a shift towards greater financial freedom.
