The government launches tomorrow the plan to release dollars from under the mattress with installment purchases.

In a new step toward financial modernization and economic transparency, the national government  will announce this Thursday a set of measures to ease the use of dollars in the informal economy, especially those outside the banking circuit. This was confirmed by presidential spokesperson Manuel Adorni, who, in his usual press conference, stated that "probably, tomorrow" the details of an innovative regime will be revealed, aiming to integrate Argentinians' savings into the system without penalties or tax conditions.

The regulatory package—which combines a presidential decree with a bill to be debated in Congress—was originally planned to be presented last week. However, the coincidence with the legislative elections in the Autonomous City of Buenos Aires, where Adorni himself won as a candidate for La Libertad Avanza, led to the postponement of the announcement. Meanwhile, the technical team continued refining the legal and fiscal framework to ensure a transparent, effective implementation in line with international standards.

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The Minister of Economy, Luis Caputo, dispelled doubts regarding the content of the initiative: "It is not an amnesty nor is it true what was said about the amounts of 100 thousand dollars", he clarified, referring to erroneous reports in opposition media.
"What we are going to do is deeper. It is the beginning of a new regime."

According to Caputo, the structural reasons behind the high economic informality are two: excessive taxes and excessive regulations. In the minister's words:  "Argentina regulated for the exception. It assumes that 99.9% of Argentinians are criminals, drives everyone crazy, and that makes people avoid formality."

In that line, Caputo was blunt:  "There are many regulations that we can unlock from our side to make life easier for Argentinians. It has nothing to do with FATF norms or the FIU. Let's not confuse the issues, it's about simplifying life for Argentinians."

He also criticized the inherited state control model: "We doubled the staff at ARCA, multiplied the regulations, and informality grew", he stated.
"This scheme aims to gain formality. Each entity should regulate what corresponds to it, not everyone wanting to pass information to ARCA. It makes no sense. And most importantly, it didn't work."

The proposal will allow purchases and sales in dollars, even with installment financing, facilitating access to goods and services through a transparent but non-punitive circuit. For this, a simple sworn statement about the origin of the funds will suffice, and this operation will even be integrated into the Income Tax regime, through operational and administrative changes yet to be detailed.

The Central Bank, the Financial Information Unit (FIU), and ARCA itself—revenue and oversight agency—have been involved in the fine print of the new scheme. The decree to be signed in the coming hours will include key modifications in oversight criteria, to clear bureaucratic obstacles and avoid disproportionate prosecution of taxpayers.

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On the social network X, Caputo shared an analysis by SME economist Gustavo Lázzari, who supported the strategic direction of the measure: "It mobilizes unused funds, improves credit guarantees for future private loans, formalizes the economy, and improves the friendliness between the taxpayer and the State", he summarized.

Meanwhile, the Minister of Justice, Mariano Cúneo Libarona, ensured the legal legitimacy of the new regime within the framework of the AmCham Summit: "The mechanism is being studied to ensure it is legitimate and doesn't contravene FATF, OECD laws, etc. We are inserting ourselves into the world. It is not an improvised system. It will be a limited system and in accordance with the law. We will never see an intent to dictate something against the law.", he stated.