The Minister of Economy will speak at 10 AM at the Ministry of Finance, before the debate in the Chamber of Deputies on the reform of the Central Bank's Organic Charter
The Minister of Economy, Luis Caputo, will hold a press conference this Wednesday at the Ministry of Finance to announce new economic measures, as confirmed by the Government following a meeting of the Political Table held at the Casa Rosada.
The presentation is scheduled for 10 in the morning at the Ministry of Economy and will be attended by accredited journalists. So far, the Executive has not provided official details about the content of the measures that will be communicated by the head of the economic portfolio.
Luis Caputo at the Ministry of Economy conference
The announcement will take place just hours before a key day for President Javier Milei's economic program in Congress. The Chamber of Deputies is set to debate the reform of the Central Bank's Organic Charter and the Fiscal Innocence II project, two initiatives promoted by the ruling party as part of its reform agenda.
The Government is confident it has the necessary votes to advance both proposals, which aim to deepen various aspects of the economic program and strengthen the institutional framework promoted by the libertarian administration.
The confirmation of the conference came after a new meeting of the Political Table held this Tuesday at Balcarce 50. Among those participating in the meeting were the Secretary General of the Presidency, Karina Milei; the Chief of Staff, Diego Santilli; Patricia Bullrich; Martín Menem; Santiago Caputo; and the Minister of Economy himself.
During the meeting, which lasted more than two hours, one of the main topics was precisely the legislative strategy to secure the approval of the economic projects that will be discussed in the Chamber of Deputies.
The conference will also be a new public appearance for Caputo following the announcements made on August 13, when the Government relaxed access for companies to dollar credit.
In his latest conference, Luis Caputo announced the easing of dollar credit.
That modification allowed financial entities to allocate up to the equivalent of 15% of their dollar deposits to certain loans for companies, even when these do not have income directly linked to exports, under specific prudential requirements.
Caputo had also indicated at that time that the Government was analyzing mechanisms to expand mortgage financing and generate greater long-term funding sources for the financial system. With the content of the new announcements still under wraps, attention will be focused this Wednesday on the Ministry of Finance, where the minister will announce the next steps of the economic team.
