Argentina Targets 2031 Investment-Grade Status as Caputo Shuns Debt Markets

1 articles · Updated · Bloomberg · Jul 6

2031 is the Milei administration’s target for Argentina to regain investment-grade status, Economy Minister Luis Caputo said while laying out the government’s financing strategy.
Caputo said the plan still avoids international debt markets for now, signaling the government does not intend to resume external borrowing despite improving credit metrics.
B- upgrades from Fitch and S&P recently lifted Argentina out of the CCC category, and Caputo said two of the three major ratings firms see an investment-grade path as plausible.
The goal would be reached by the end of a potential second Milei term, making ratings rehabilitation a central long-range benchmark for the government’s economic program.