Yesterday, @POTUS and I spoke extensively with President @JMilei and his senior team in New York. As President Trump has stated, we stand ready to do what is needed to support Argentina and the Argentine people.
Under President Milei, Argentina has taken important strides toward stabilization. He has achieved impressive fiscal consolidation and a broad liberalization of prices and restrictive regulations, laying the foundation for Argentina’s historic return to prosperity.
The @USTreasury stands ready to purchase Argentina’s USD bonds and will do so as conditions warrant. We are also prepared to deliver significant stand-by credit via the Exchange Stabilization Fund, and we have been in active discussions with President Milei’s team to do so.
The Treasury is currently in negotiations with Argentine officials for a $20 billion swap line with the Central Bank. We are working in close coordination with the Argentine government to prevent excessive volatility.
In addition, the United States stands ready to purchase secondary or primary government debt and we are working with the Argentine government to end the tax holiday for commodity producers converting foreign exchange.
Argentina has the tools to defeat speculators, including those who seek to destabilize Argentina’s markets for political objectives. I have also been in touch with numerous US companies who intend to make substantial foreign direct investments in Argentina multiple sectors in the event of a positive election outcome.
The Trump Administration is resolute in our support for allies of the United States, and President Trump has given President Milei a rare endorsement of a foreign official, showing his confidence in his government’s economic plans and the geopolitical strategic importance of the relationship between the United States and Argentina. Immediately after the election, we will start working with the Argentine government on its principal repayments.
I will be watching developments closely, and the Treasury remains fully prepared to do what is necessary.
Argentina is a systemically important U.S. ally in Latin America, and the @USTreasury stands ready to do what is needed within its mandate to support Argentina.
All options for stabilization are on the table. 1/4
🎉🎊 Felicitamos a nuestros graduados @nacholunghi, @AbbateNicolas, @fabiangonzarg y Martin Finkelstein quienes fueron admitidos en universidades de primer nivel para continuar sus estudios luego de finalizar la Maestría en Economía @economicas_unlp.👏👏
📢¡Nueva publicación!
El artículo Revisiting distributional effects of energy subsidies in Argentina salió publicado en la International Review of Economics, @IRECreview
🔗https://t.co/0ZS8hLUFwX
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Desde el 6 de Marzo existen nuevos cuadros tarifarios de Gas Natural por redes. Cuánto paga un usuario residencial por el servicio? Usuarios con un mismo nivel de consumo abonan lo mismo en todos lados? Explora esto en nuestro mapa interactivo @CEFIPunlp
👉https://t.co/eJDlpA0rfz
📣Nuevo documento de trabajo del CEDLAS! Un estudio sobre la relación entre el salario mínimo y las primas salariales por calificación en América Latina, por @luciarleira, @OctaBertin1 y #LeoGasparini.
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📢 Nuevo documento de trabajo CEDLAS:
¿Pueden los incentivos fiscales fomentar empleo y reducir informalidad en países en desarrollo? Los autores estudian una reforma en Argentina (2014) que ofreció créditos a la contratación a pequeñas empresas para nuevos empleados.
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Queremos contarles que desde el @CEFIPunlp estamos trabajando para tener el mejor Portal de Impuestos Municipales y Provinciales de 🇦🇷. Les vamos a contar los obstáculos que hay, dónde estamos parados y hacia dónde vamos.
La facultad de @economicas_unlp dio a conocer los resultados del último relevamiento trimestral sobre los #precios y #tarifas de los servicios públicos, realizado por el Centro de Estudios de Finanzas Públicas https://t.co/h899fW2cEK
Nota del Blog de Economía del Sector Público: “Historia Circular de los Ciclos Tarifarios: Precio relativo de los Bienes de Consumo Final y Bienes de Consumo Intermedio”, por Alberto Porto, Thomas García (@thomasgarciaag) y Octavio Bertín (@OctaBertin1)
https://t.co/Ah56G1eYtr
Nota del Blog de Economía del Sector Público: “Seguimiento de precios y tarifas de los servicios públicos (Tercer Trimestre 2022)”, por Thomas García (@thomasgarciaag) y Octavio Bertín (@OctaBertin1)
https://t.co/RoExg2W6ZV
Glad I’m ok. Very disappointed with being taken out like this. The penalty given does not help us and doesn’t do justice to the dangerous move Lewis made on track. Watching the celebrations while still in hospital is disrespectful and unsportsmanlike behavior but we move on