Milei vows to axe capital controls and negotiate Trump trade deal
- Argentina's Javier Milei announced a 90% tax reduction planned for 2025.
- The proposal aims to attract more foreign investment and stimulate economic growth.
- The 90% tax reduction is viewed as a controversial measure.
80 Articles
80 Articles
A year after starting his government, Argentina’s president Javier Milei reported this Tuesday in a speech to the nation, surrounded by his cabinet that “the recession ended,” claiming that the country’s economy has entered a recovery, and has announced that by 2025 it will lower 90 percent of taxes. “We have passed the test of fire. We are coming out of the desert: the recession has ended and the country has finally begun to grow,” he said, not…
Milei announced that he will eliminate 90% of national taxes. The President gave a message on the national chain in the framework of the first anniversary of his government. He assured that he will lift the stocks in 2025, announced a currency competition, which will continue with the adjustment and that will promote a free trade agreement with the United States: “We have left the worst behind and we are certain that the future will be better an…
The president of Argentina, Javier Milei , said in his speech to the nation on the occasion of the first anniversary of his coming to power and surrounded by his cabinet that « the recession ended» , claiming that the economy of the country has entered a recovery, and has announced that in 2025 it will drop 90% of taxes.«We are getting closer to inflation being little more than a bad memory», said Milei , celebrating the evolution of inflation o…
Milei Vows to End Capital Controls by 2025, 90% Tax Reduction
Argentina’s President Javier Milei plans to remove all capital controls by 2025, marking a radical shift from decades of state intervention. The move aims to attract foreign investors who have avoided Argentina despite its potential. The peso’s parallel market rate now matches the official rate, creating the right conditions for this change. This convergence shows […]
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