Regarding policies to mobilise domestic resources for development and improve fiscal conditions, Argentina has adopted several fiscal measures. Key legislative initiatives in 2024, such as the Ley de Medidas Fiscales Paliativas y Relevantes and the Ley de Bases y Puntos de Partida para la Libertad de los Argentinos aim to improve transparency, and reinforce fiscal governance. These reforms include special regimes for asset regularisation and personal property taxes and are designed to alleviate tax burdens on small taxpayers through incentives for electronic payments. Concurrently, Argentina has strengthened its budgetary assessment practices by intensifying monthly monitoring of physical targets, integrating outcome indicators into National Budget oversight, and enhancing the evaluation of 20 to 30 key programmes as outlined in the 2025 budget bill submitted to Congress for approval.
Regarding policies to promote robust, inclusive, and sustainable financial markets, Argentina has implemented a series of public policy measures. General Resolution 788/2019 has streamlined the issuance of social, green, and sustainable bonds since 2019, aligning with global standards to support environmentally and socially beneficial projects. This initiative was updated by General Resolution 963/2023, which revised the “Guidelines for the Issuance of Thematic Negotiable Securities in Argentina”, introducing new thematic labels like “blue” and “sustainability-linked” to expand financing options for sustainability projects. Moreover, the establishment of sustainable investment collective funds under General Resolution 885/2021 highlights Argentina's commitment to integrating sustainability into its financial sector. Additionally, Resolution 963/2023 allows Environment Social Governance (ESG) funds to allocate up to 75% of their equity to ESG assets. Furthering these initiatives, General Resolution 940/2022 simplifies the process for issuing social impact bonds, providing crucial financing opportunities for social enterprises and nonprofits. These reforms are complemented with the Corporate Governance Code, which promotes transparency and best practices among listed companies, collectively enhancing market accessibility, regulatory efficiency, and investor confidence. Further, General Resolution 896/2021 on Sustainable Guidelines created educational materials to develop the sustainable debt market and raise awareness among capital market participants about Thematic Bonds as a financing alternative, highlighting the role of external reviewers in ensuring project quality and the significance of socially responsible investors. Finally, to promote private investment, General Resolution 1006/2024 encourages private investment in public infrastructure projects, aiming to diversify funding sources and stimulate economic development across the country.
In terms of regional and international finance and partnerships to catalyse international resources, Argentina has pursued collaboration aiming to attract foreign investment. Notably, Argentina is partnering with the European Union under the Global Gateway Investment Agenda, which includes commitments on infrastructure development, waste, and water management, and strengthening electricity transmission capabilities. Additionally, Argentina engages in regional initiatives with Brazil, Chile, and Uruguay, leveraging shared expertise for cross-border business ventures across Latin America. Partnerships with the Inter-American Institute for Cooperation on Agriculture or the Voluntary Carbon Market Integrity Initiative aim to promote sustainable agriculture practices and access carbon market finance.