In remarks published by Argentina's Ministry of Finance, Finance Minister Luis Caputo used the CFO Summit to outline the government’s macroeconomic outlook, including continued disinflation, fiscal balance and stronger external accounts. He said reserve purchases had reached USD 4.35 billion and, if the current trend continues, could approach USD 20 billion by year-end, above an implicit USD 10 billion target with the International Monetary Fund and an earlier optimistic scenario of USD 17 billion. Caputo put current exports at about USD 100 billion and projected a conservative increase to USD 180 billion by 2031, spanning primary goods, manufactured products, fuels and energy. He said the Incentive Regime for Large Investments had supported USD 50 billion of approved projects, with another USD 150 billion awaiting approval. He also reported that portfolio dollarization fell after the 2025 elections, while dollar deposits and lending reached record levels, and said the government had prepared for potential exchange-rate volatility through swap arrangements with China and the United States and dollar futures.
Argentina's Ministry of Finance projects reserve purchases near USD 20 billion and exports of USD 180 billion by 2031
Argentina's Finance Minister Luis Caputo projected reserve purchases could approach USD 20 billion by year-end, compared with an implicit USD 10 billion IMF target. He forecast exports rising from about USD 100 billion to USD 180 billion by 2031 and reported USD 50 billion of approved large investment projects, with USD 150 billion awaiting approval.