Argentina · Country watch
Milei Plans Privatizations; Inflation Pressures Rise
Argentina's government prepares for major privatizations, while inflation pressures increase, impacting business costs.
In this briefing RIGI · Argentina · Javier Milei · AySA · Intercargo
Regulation
Nothing significant reported today.
Disruption
Nothing significant reported today.
Internal tension
Nothing significant reported today.
Safety & health
Nothing significant reported today.
Companies
Investment paradox: RIGI plans vs. declining capital
Despite government announcements of over USD 56 billion in projects through the RIGI program, capital formation in Argentina continues to decline, reports Clarin. The construction sector is particularly affected, with a drop in capital goods imports and a net outflow of foreign investment. This trend highlights the challenges facing the Argentine economy despite ambitious government plans.
Impact Construction firms and foreign investors face challenges as capital formation declines despite large-scale government projects.
Sources: Clarin ↗
Markets
Inflation pressures rise as September IPC accelerates
Inflation in Argentina is expected to have accelerated in September, driven by rising food prices, according to La Gaceta. Private consultancies project an increase from the 1.7% recorded in August. The rising inflationary pressures are likely to impact consumer purchasing power and increase business costs across various sectors.
Impact Retailers and agricultural producers face higher costs as inflation pressures rise, affecting pricing strategies.
Sources: La Gaceta ↗
Trade
Nothing significant reported today.
Politics
Milei government plans new wave of privatizations
The government of President Javier Milei is preparing for a new wave of privatizations, according to El Intransigente. The plan includes privatizing AySA, railway concessions, thermoelectric plants, Intercargo, hydroelectric plants, and gas pipelines. This move is part of a broader strategy to reduce state involvement in key sectors and attract private investment. The government aims to streamline operations and improve efficiency in these sectors.
Impact Public-sector employees and investors in energy and logistics sectors will be affected by the privatization plans.
Sources: El intransigente ↗
Also today in Argentina
- Sarampión: alertan por el riesgo de brotes y piden a completar las vacunas — El dia
- Unos 600 detenidos en Nueva Delhi antes de las masivas protestas contra el Gobierno previstas para este sábado — Infobae
- EN VIVO | Bloqueos en carreteras, accidentes y manifestaciones hoy sábado 10 de octubre: cerrada la circulación en Paseo de la Reforma y Av. Juárez — Infobae
- El rey Midas geopolítico está atrapado en el lodo de una economía gris — El Economista
- Copa amplía política de flexibilidad tras afectación de operación por terremoto en Panamá — Infobae
- Javier Milei y la estrategia del Gobierno ante la sesión por la Ley de Tierras: el editorial de Adrián Ventura — El intransigente
- No alcanza con hacer las cosas bien — Infobae
- La policía se enfrentó a violentos manifestantes en una huelga socialista en Bruselas — La Derecha Diario
Sources in this briefing
Sources: each headline links to the original article on the publisher's site.
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