MNI: PBOC Net Injects CNY40 Bln Via OMO Fri; Rates Unchanged

CHINA PBOC CONDUCTS CNY50 BILLION VIA 7-DAY REVERSE REPOS FRI

MNI: PBOC Sets Yuan Parity Lower At 7.1268 Fri; -0.32% Y/Y

CHINA SETS YUAN CENTRAL PARITY AT 7.1268 FRI VS 7.1270

MNI: BANXICO HOLDS INTERBANK RATE STEADY AT 11.00%

MNI BRIEF: Fed's Bowman Says Policy Appears To Be Restrictive

MNI BRIEF: Japan June Tokyo Core CPI Rises 2.1% Vs. May 1.9%

Japan May Ind. Output 2.8% M/M; Shipments +3.5% M/M

MNI BRIEF:Japan May Factory Output Hits First Rise in 2 Months

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

President Milei Will Review His Cabinet After Omnibus Bill Resolution

ARGENTINA
BulletEM BulletEmerging Market NewsHomepage
  • President Milei said that he would review his entire cabinet after the omnibus bill is either approved or not. He made the comments in an interview with LN+ on Thursday after earlier local media reports that he was considering firing Cabinet Chief Nicolas Posse. He also said that he would begin to reduce a tax which is applied to FX purchases, if his reform bill is passed.
  • The omnibus bill was approved in the lower house last month, but remains stalled in the Senate where the government requires more support from other parties for approval. Milei has suggested that a vote could come in June or July.
  • Separately, Economy Minister Luis Caputo said yesterday that the government had received “100% adhesion” to its offer for debts owed to energy companies stemming from state-run wholesaler Cammesa.
133 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • President Milei said that he would review his entire cabinet after the omnibus bill is either approved or not. He made the comments in an interview with LN+ on Thursday after earlier local media reports that he was considering firing Cabinet Chief Nicolas Posse. He also said that he would begin to reduce a tax which is applied to FX purchases, if his reform bill is passed.
  • The omnibus bill was approved in the lower house last month, but remains stalled in the Senate where the government requires more support from other parties for approval. Milei has suggested that a vote could come in June or July.
  • Separately, Economy Minister Luis Caputo said yesterday that the government had received “100% adhesion” to its offer for debts owed to energy companies stemming from state-run wholesaler Cammesa.