Moody's upgrades Argentina credit rating, achieving consensus among major agencies
Moody's has upgraded Argentina's credit rating, marking the first time in a decade that Moody's, Fitch, and S&P have aligned on the country's credit assessment. The move coincides with an upcoming IMF visit to Buenos Aires, signaling increased international confidence in the government's fiscal trajectory.
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Argentina — 14 developments
Argentina Pursues Fiscal Stability Amid Economic Contraction; Chile Advances Tax Reform
Argentina is actively pursuing a multi-pronged fiscal stability agenda, confirmed by legislative pushes for Central Bank reform, new penal code provisions, and amendments to the 'Fiscal Innocence' law, despite an economic contraction. Chile is advancing a significant tax reform package and legislation to mitigate electricity tariff increases, though executive vetoes are anticipated. The overall regional fiscal policy landscape is characterized by ongoing legislative activity and efforts to address economic challenges.