Argentina to phase out ‘dependence on Wall Street,’ says economy minister - News Summed Up

Argentina to phase out ‘dependence on Wall Street,’ says economy minister


“The goal is to eliminate the country’s dependence on Wall Street gradually,” he said, adding that the administration hopes the U.S. financial markets will become only a “marginal financing source” for Argentina. At market prices, debt in Wall Street represents less than “four or five points,” he said. “Argentina needs to be a more normal country in this regard. No other country depends so much on Wall Street,” he went on. “The ideal situation for the country is for companies and people to start getting credit from Argentines themselves,” he said.


Source: Bueno Aires Herald December 24, 2025 19:25 UTC



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