From Buenosairesherald · · 50s
Caputo Rules Out Devaluation
Economy minister Luis Caputo says cutting taxes and regulations will boost Argentina's competitiveness without devaluation.
In brief
Economy minister Luis Caputo says cutting taxes and regulations will boost Argentina's competitiveness without devaluation. Argentina's economy minister rules out devaluation to improve industry competitiveness, focusing on tax cuts and regulatory reforms. Originally reported by Buenosairesherald.
Economy Minister Defends Program
Economy Minister Luis Caputo defended the government’s economic program at the UIA conference opening.
Industrial Decline Report
Argentina recorded the world’s second-worst industrial decline between 2023 and 2025, falling 7.9%.
Competitiveness Strategy
Caputo says improving competitiveness requires cutting taxes, reducing regulations, and lowering financial costs.
Devaluation Ruled Out
Caputo ruled out devaluation to improve industry competitiveness, stating it would lower the 'Argentine cost.'
“That is not lowering the 'Argentine cost,'”
Reforms for Competitiveness
The government plans tax deadline extensions and suspending asset seizures for small and medium enterprises.
The one thing
Argentina's economy minister rules out devaluation to improve industry competitiveness, focusing on tax cuts and regulatory reforms.
