Argentina Economy Minister Warns of Slower Growth, Rising Country Risk
Argentina's Economy Minister Caputo acknowledged that economic growth is slowing and country risk has risen due to local political uncertainty, citing investor concern over a possible return of Kirchnerism. He expects real wage gains and credit to support recovery, while noting external headwinds from U.S. rates and Middle East oil shock. The statement signals a downgrade in official growth expectations and highlights political risk as a key market driver.
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Argentina Delays Tax Reform, Cites External Shocks & Political Risk
Argentina's Economy Minister Luis Caputo has confirmed the postponement of comprehensive tax reform until after 2031, advocating for gradual tax reduction. He attributes rising country risk and slowing growth to external shocks and domestic political uncertainty, specifically investor concern over a potential return of Kirchnerism. This signals a slower fiscal consolidation path and a downgrade in official growth expectations.