# Caputo Rules Out Devaluation

> Economy minister Luis Caputo says cutting taxes and regulations will boost Argentina's competitiveness without devaluation.
- Title: Caputo Rules Out Devaluation · Buenosairesherald | Shortify
- Summary: Economy minister Luis Caputo says cutting taxes and regulations will boost Argentina's competitiveness without devaluation.
- Keywords: luis caputo, argentina, economy minister, devaluation, tax cuts, regulatory reforms, industrial decline, uia conference, Buenosairesherald
- Source: Buenosairesherald — https://buenosairesherald.com/economics/caputo-rules-out-devaluation-to-boost-competitiveness
- Read time: 1 min
- Topics: luis caputo, argentina, economy minister, devaluation, tax cuts, regulatory reforms, industrial decline, uia conference, news
## 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.
## Key takeaway

Argentina's economy minister rules out devaluation to improve industry competitiveness, focusing on tax cuts and regulatory reforms.