Argentina's Economy Minister assures businesses: 'Dollars available for all'

Argentina's Economy Minister Luis Caputo asserted that the nation is experiencing a fundamental "model change" under the current government, aiming to boost economic activity and investor confidence. Speaking at the BATEV 2026 event for housing developers, Caputo emphasized that results, not promises, convince skeptics.

He addressed concerns about dollar availability, stating, "Today there are dollars for everyone, you don't need to ask for permission." This applies to importers, companies seeking to repatriate dividends, and individuals looking to save. Caputo noted that the Central Bank has exceeded its annual reserve purchase target, indicating a strengthening foreign exchange position.

Caputo pointed to strong economic data, including record-high gross product and private consumption, alongside the largest real wage increase in four administrations. While admitting inflation remains a challenge, he expressed confidence in converging towards international inflation rates soon. He also defended a greater economic openness, arguing it fosters competition and benefits consumers with better quality and prices, countering claims of indiscriminate opening.