Ex-minister Cavallo urges Milei to lift capital controls, target 8% growth

Former Economy Minister Domingo Cavallo publicly urges President Milei to remove Argentina's capital controls (cepo) and unify the exchange market to boost growth to 8%, warning of political risks ahead of the 2027 elections. This marks a notable intervention from a key economic figure, signaling potential policy debate within Argentina's economic establishment. The proposal challenges the government's current gradualist approach, but its immediate market impact is limited as it is an opinion, not a policy change.