05/02/2013 | Argentina

Randazzo 'ashamed' of those who booed officials

Interior and Transport Minister Florencio Randazzo said today to feel “ashamed” of those who booed both Vice President Amado Boudou and Deputy Economy Minister Axel Kicillof during the past weekend.

07/02/2013 | Argentina

Boudou says 'there's no way' he would leave office

Vice-President Amado Boudou assured he is not thinking of resigning from office, said he has nothing to hide about his assets and insisted that there is no relation between him and businessman Alejandro Vanderbroele, who acquired the mint printing company formerly known as Ciccone.

07/08/2012 | Argentina

Government takes over former Ciccone printing company

The Government informed today it took over former Ciccone printing company and sent a bill to Congress which seeks to expropriate it declaring the company a "public utility."

23/08/2012 | Argentina

Pro-government lawmakers celebrate Ciccone's expropriation

Pro-government lawmakers celebrated today the passing of money-printer Companía de Valores Sudamericana’s expropriation (CVS), formerly called Ciccone Calcográfica, into law and said that the nationalization of the printing company will “boost” the National Mint.

17/11/2012 | Argentina

Boudou lashes out at vulture funds, austerity measures

Vice- president Amado Boudou accused vulture funds of despicable behaviour and warned that insisting on austerity measures carries out a high risk for Europe and for the global economy.

12/07/2012 | Argentina

'Being a government official is not just about pursuing a seat in office,' Boudou

Vice-President Amado Boudou assured today that “to govern is to make decisions and fight when needed, and being an government official is not just about pursuing a seat in office” as he led a rally in the Greater Buenos Aires area of Bragado.

28/07/2012 | Argentina

'The best way to honour Evita is by supporting the President,' Boudou

Vice-President Amado Boudou led today in San Juan the closing of the cultural forum “Thinking of Evita” where he highlighted that “the best way to honour this great woman is by supporting the other great woman who today leads us, President Cristina Fernández de Kirchner.”

02/08/2012 | Argentina

Ciccone case: Prosecutor calls for AFIP head Etchegaray to be investigated

Federal Prosecutor Jorge Di Lello requested today that AFIP tax agency head Ricardo Etchegaray undergoes an investigation for granting a reportedly unprecedented moratorium to the former Ciccone printing company.

19/06/2012 | Argentina

Gov't threatens to apply Supply Law if Teamsters strike

Vice-President Amado Boudou, in charge of the Executive Branch while President while Cristina Fernández de Kirchner is at the G20, said today that that if the Teamsters’ Union were to decide to paralyze the distribution of fuel or food, the Supply Law could be applied.

25/06/2012 | Argentina

Regional leaders seek to boost Mercosur - China relations

President Cristina Fernández de Kirchner and Chinese premier Wen Jiabao held a videoconference at the Government House with their Uruguayan and Brazilian counterparts, José Mujíca and Dilma Rousseff, as they sought to boost relations between the Mercosur trading bloc and China.

08/07/2012 | Argentina

'We must stand together instead of focusing on individual matters,' Boudou

Vice-President Amado Boudou warned that in order to maintain growth and development in the country “we must all stand together instead of focusing on individual matters or related to a specific group.” 

08/05/2012 | Argentina

Ciccone case: judge Lijo to decide on prosecutor's recusal in three days

Businessman José María Núñez Carmona’s lawyers once again asked federal judge Ariel Lijo for the recusal of federal prosecutor Carlos Rívolo from the case investigating irregularities in the former printing company Ciccone.

08/05/2012 | Argentina

Boudou assures Argentina is open to trade; backs YPF expropriation

Vice-President Amado Boudou stressed today Argentina’s openness to international trade and defended the government’s decision to partially expropriate shares from oil company YPF during a speech at the Council of the Americas held at the US State Department, in Washington DC.

26/05/2012 | Argentina

Vice-President Amado Boudou arrives in Bolivia

Vice-President Amado Boudou arrived in Bolivia on Saturday, where on Sunday he is to participate in the bicentenary celebrations commemorating the ‘Heroines of the Crown,’ women who fought against the Spanish colonialists on San Sebastián hill in Cochabamba.

16/04/2012 | Argentina

Ciccone case: Carmona’s lawyer challenges Judge Rafecas’ authority

Diego Pirota, legal representative for businessman José María Núñez Carmona -friend and business partner of Vice President Amado Boudou – and investigated to determine whether he used his influence to purchase bankrupt currncy printing company Ciccone Calcográfica, challenged Federal Judge Daniel Rafecas' ability to remain neutral.

17/04/2012 | Argentina

Boudou:‘YPF has always been an Argentine company’

Vice-President Amado Boudou backed today President Cristina Fernández de Kirchner’s plans to seize control of YPF oil and gas company.

27/04/2012 | Argentina

Federal Judge Ariel Lijo takes over Ciccone case

Federal Judge Ariel Lijo was elected to take over the Ciccone case, which investigates peddling allegations involving Vice-President Amado Boudou and the print and minting company Ciccone Calcográfica, Comodoro PY court sources announced today. Yesterday, an appeals court yesterday removed Judge Daniel Rafecas from the investigation.

07/04/2012 | Argentina

Garré says she 'believes' in Boudou, blasts media

Security Minister Nilda Garré ratified that she believes Vice-President Amado Boudou’s statements regarding the case investigating embezzlements accusations against him, and once again blasted the media for “manipulating facts” and “taking statements out of context.”

09/04/2012 | Argentina

Boudou files report against Prosecutor General, Stock Exchange head

Vice President Amado Boudou filed a report before Criminal Court N°4 against the President of the Buenos Aires Stock Exchange, Adelmo Gabbi, and the lawyers’ buffet of Argentina’s Prosecutor-General Esteban Righi, after making some piquant remarks of these two individuals on regards the ongoing Ciccone currency printing company investigation.

13/04/2012 | Argentina

'Vice-President Boudou has lied to us,' says Alberto Fernández

Ex-Cabinet Chief Alberto Fernández sharply criticized Vice-President Amado Boudou today over the way he has handled himself from the beginning of the Ciccone court investigation, which he is involved in, and assured that “the problem” is that the Boudou “has lied to us.”

04/04/2012 | Argentina

Opposition members urge Boudou to 'take leave of absence'

After one of his properties was raided by gendarmerie officials on Wednesday, several referents in the opposition publicly asked Vice-President Amado Boudou to take a “leave of absence” and “step aside,” while other Kirchnerite officials expressed their support. 

05/04/2012 | Argentina

Boudou denounces 'brutal attack' against popular will, Nat'l institutions

Vice-President Boudou blasted the local press and denounced what he called a ‘brutal attack’ against popular will and national institutions today during a press conference to defend himself from embezzlement accusations.

06/04/2012 | Argentina

Kirchnerites show support for Vice-President Boudou

Kirchnerites were out in full force today to back Vice-President Amado Boudou after he was accused of embezzlement in what become known as the “Ciccone Case”.

13/03/2012 | Argentina

Boudou claims personal email account hacked, sources say

Vice-President Amado Boudou denounced before judge Daniel Rafecas that his email account has been hacked, sources close to him said.

16/03/2012 | Argentina

Boudou vows to fight ‘cultural and economic colonialism’

Acting President Amado Boudou vowed to fight what he called ‘cultural and economic colonialism,’ during a ceremony to commemorate the 200 years of the creation of the General José de San Martín horse police squad.

04/04/2012 | Argentina

Gendarmerie raids Vice-President Boudou's apartment

Gendarmerie officials raided Amado Boudou’s apartment in Puerto Madero on Wednesday, in connection to the case investigating accusations of embezzlement against the Vice-President.

06/02/2012 | Argentina

Gov't says 'LatAm support shows how serious Argentina's foreign policy is'

Vice President Amado Boudou said today Argentina leads “a serious and solid” foreign policy, and that the best example of it, is the “clear support showed by Latin American countries in our claims of sovereignty over the Malvinas, South Georgia and Sandwich Islands.”

09/03/2012 | Argentina

AFIP's Etchegaray defends Boudou

AFIP tax revenue agency Ricardo Etchegaray assured that Vice-President Amado Boudou did not intervene in the lifting of the bankruptcy plan of Ciccone Calcográfica, a printing firm which used to provide supplies for passports.

12/03/2012 | Argentina

Randazzo denies leaking details on Boudou-gate

Interior Minister Florencio Randazzo came on stage to deny a newspaper article indicating him as the one leaking details on the latest politcal scandal involving Vice President Amado Boudou and Ciccone Calcográfica currency printing company.

27/01/2012 | Argentina

Gov't hits back at media: 'We're here to work, not electorally engineer'

Vice-President Amado Boudou assured that for President Cristina Fernández de Kirchner now is a time for “administrating and working” not for “electoral engineering,” subsequently hitting back at the media for trying to supposedly “stigmatize” their administration.

02/02/2012 | Argentina

Boudou: 'The UK is the face of imperialism and colonialism'

Vice President Amado Boudou came on stage to fuel-up the current diplomatic tensions between Argentina and the UK due to sovereignty claims over the Malvinas Islands, as the official considered that "Great Britain has always been the face of imperialism and colonialism around the world.”

06/02/2012 | Argentina

Boudou: 'We should discuss whether YPF works following a national sense or not'

Vice President Amado Boudou came on stage today and sent a reminder to oil giant Repsol-YPF amidst rumors of a possible nationalization.  

24/01/2012 | Argentina

Fiscal surplus reaches $4.9 billion pesos in 2011

The fiscal surplus almost reached $5.000 billion pesos in 2011, when the country's economy grew 9.2 percent, according to the announcement made by Vice-President Amado Boudou in his last day as acting president.

24/01/2012 | Argentina

Boudou highlights foreign debt reduction in last day as acting President

In his last public appearance as acting President, Vice-President Amado Boudou announced the figures of 2011’s fiscal surplus and gave a heated defence of the Kirchnerite model. He also stressed that funds destined to a foreign debt reduction dropped to “14.1 percent of the GDP.”

25/01/2012 | Argentina

UK 'has no arguments' in Malvinas sovereignty claim, CFK

President Cristina Fernández de Kirchner resumed her official activities after a 20-day medical leave of absence and criticized Great Britain after Prime Minister David Cameron accused Argentina of being a “colonialist” country. She also announced the declassification of the Rattenbach Report on the Malvinas War in 1982.

19/01/2012 | Argentina

'Repsol, we won't allow price discrimination in Argentina'

Acting President Amado Boudou warned oil company Repsol YPF that the National Government “won’t allow the discrimination of prices” in the country, following an accusation on Monday of alleged “abuse of their domination positions in the fuel markets.”

23/01/2012 | Argentina

Upset over new trade regulations is 'understandable,' Boudou

After ratifying that the Government would not postpone the new legislation on imports as local business leaders had requested, Vice-President Amado Boudou minimized the current conflict with Brazilian industrialists, who also complain about the new restrictions.

24/01/2012 | Argentina

CFK prepares for return to office tomorrow

President Cristina Fernández de Kirchner was preparing today for her return to office after Vice-President Amado Boudou was working in her stead during the 20-day period of absence she took while recovering from thyroid surgery. At 12 am tomorrow the Head of State will resume power of the Executive Branch and lead a ceremony at the Government House later in the day.

16/01/2012 | Argentina

Boudou demands 'rationality' in wage talks

Acting President Amado Boudou called unionists and companies to be “rational in order to protect the growth,” referring to the upcoming wage talks that will be held this year.

18/01/2012 | Argentina

Gov't asks businessmen, unions to act 'responsibly' in CFK's absence

Vice-President Amado Boudou, who has taken on the role as Acting President in Fernández de Kirchner’s stead, told businessmen and union workers that they should act with “responsibility” in an attempt to achieve equal business transactions so that “the wage hikes will be sustainable over time.”

18/01/2012 | Argentina

Boudou: ‘CFK’s recovery was spectacular’

Vice-President Amado Boudou, who remains acting President as Cristina Fernández de Kirchner recovers from a thyroid surgery, reiterated on Monday that “Cristina's recovery was spectacular.”

06/01/2012 | Argentina

Boudou receives businessmen aiming to invest in Tierra del Fuego

Vice-President Amado Boudou, who is acting as President until Cristina Fernández de Kirchner recovers from her thyroid cancer surgery, and Industry Minister Débora Giorgi received authorities of companies Newsan and Brightstar, who announced investments of $450 million pesos for the production of electrical appliances in Tierra del Fuego province.

09/01/2012 | Argentina

Boudou meets with Weretilneck, shows support

Acting President Amado Boudou met with Río Negro province Governor Alberto Weretilneck, to whom he transmitted the political support of President Cristina Fernández de Kirchner, after he replaced the late Carlos Soria.

16/01/2012 | Argentina

Under CFK 'the country is in condition to keep growing,' Boudou

Vice-President Amado Boudou attended his second public ceremony since he took over as acting President of Argentina and assured that with Cristina Fernández de Kirchner at the helm the country has all the necessary conditions to keep growing.

03/01/2012 | Argentina

National, City governments sign Subway handover

The National Government and the BA City administration finally came to an agreement and signed the handover for the City’s Subway and Tram transport systems, at the Economy Ministry.

04/01/2012 | Argentina

Boudou closely monitors markets on first day as acting President

Acting President Amado Boudou left his apartment in Puerto Madero a few minutes after 9 am and headed towards the Government House in an official vehicle in order to begin his replacement of President Cristina Fernández de Kirchner for the next 20 days while she recovers from a thyroid operation.

05/01/2012 | Argentina

Boudou keeps busy schedule on second day at the helm

Vice-President Amado Boudou, who is acting as President until Cristina Fernández de Kirchner is fully recovered from thyroid surgery, continues to keep a low profile on Thursday and carries his activities in an office of the Banco Nación.

07/12/2011 | Argentina

Boudou bashes credit-rating agencies, 1990's liberal philosophy

Economy Minister and Vice-President-elect Amado Boudou once again charged against credit-rating agencies and accused them of being “a source and transmission of problems”, and questioned the liberal philosophy the country experienced during the decade of 1990, during a summit conference organized by the Economy Ministry and the World Bank.

22/12/2011 | Argentina

Boudou assures Newsprint bill 'is good for the country'

Vicepresident Amado Boudou, affirmed today that the bill -which declares newspaper manufacturing, production and distribution be of national interest- to be debated today in the Senate, “will better the quality of information in Argentina.”

28/12/2011 | Argentina

'It's important the Vice-President think the same way as the President,' CFK

President Cristina Fernández de Kirchner joked with her Vice-President Amado Boudou today over the period of absence she will take, where which he will be taking the reigns of the Executive Branch. The head of state told the former economy minister to “be careful with what you do,” differentiating him from his predecessor, Julio Cobos.  

29/11/2011 | Argentina

Boudou: ‘In 2012 we'll have autonomy in our decision-making process’

Economy Minister and Vice-President elect Amado Boudou, anticipated that "next year the Argentine economy will generate a sufficient commercial balance, and will be able to count on the necessary currencies to maintain a certain amount of freedom in the decision-making process."

02/12/2011 | Argentina

Further subsidy cuts include City neighbourhoods, government buildings

Economy Minister Amado Boudou and Planning Minister Julio De Vido announced further subsidy cuts on utility services will be implemented, following a subsidy cut scheme announced this month by the government on several sectors.

04/12/2011 | Argentina

Cobos to swear in CFK, Gov't House confirms

After much debate and uncertainty, the General Secretariat of the President announced that Vice-President Julio Cobos will be swearing in President Fernández de Kirchner on Saturday during her inauguration ceremony.

16/11/2011 | Argentina

Gov't announces further subsidy cuts

Economy Minister Amado Boudou and Planning Minister Julio De Vido announced today at a joint press conference, that the government will extend subsidy cuts to large companies and high-income households. The move is expected to save the government about 3978 million pesos a year, adding to the 600 million pesos announced previously.

25/11/2011 | Argentina

Gov't to authorize exports of extra 1.4M tons of wheat

Economy Minister Amado Boudou said that on next week the government will authorize Export Registrations (ROE in Spanish) for some extra 1.4 million tons of wheat that should be added to the 3 million tons that had already been authorized to be exported.

25/11/2011 | Argentina

Economy Minister, Cobos crossfire over swearing-in ceremony

Vice-President Julio Cobos answered to Economy Minister Amado Boudou’s accusations over the new designations in the Upper House of Congress and assured he is “dramatizing situations that have nothing to do with the reality.” Earlier, Boudou assured “I don’t want to even be close to” Cobos in the swearing-in ceremony.

02/11/2011 | Argentina

Gov't lifts subsidies on public service sectors

Economy Minister Amado Boudou and Planning Minister Julio de Vido announced today in a press briefing, a full lift on subsidies, which will firstly affect electricity, gas and water companies. The decision will also extend to banks, financial firms, insurance companies, casinos, international airports and mobile phone companies within national jurisdiction.

02/11/2011 | Argentina

Subway administration to be transferred to City Gov't

The national government informed that the administration of the subway system and the premetro in Buenos Aires will be passed along to the City Government. The announcement was made during the press conference given today given by Economy Minister Amado Boudou, and Planning Minister Julio De Vido.

15/11/2011 | Argentina

Boudou urges regional countries to increase use of local currencies

Economy Minister and Vice-President elect Amado Boudou urged Latin American countries to increase the use of local currencies in regional trade instead of depending on other currency such as the dollar.

24/10/2011 | Argentina

'Such a victory gives us greater responsibilities,' says Boudou

Economic Minister and new vice-president, Amado Boudou, broke his silence over the Kirchnerite victory at the polls this weekend through his account on social network, Twitter. Boudou assured that the 53.96% of the vote gained, implied a “greater amount of responsibility.”

26/10/2011 | Argentina

Let’s play 'Boudou Hero'!

Economy Minister and Vice-President-elect Amado Boudou is known for joining rock bands on stage and driving crowds wild while he plays some tunes on his guitar. Now, someone has taken his love for music one step futher.

28/10/2011 | Argentina

Gov’t announces AFIP to validate currency purchase

The AFIP revenue office will validate from Monday onwards the people or enterprises who purchase currencies at the exchange markets in order to control if they have the funds to do it and end with the irregular transactions, Economy Minister Amado Boudou announced.

14/10/2011 | Argentina

Boudou arrives in Paris to participate in G20 summit

Economy Minister Amado Boudou, arrived to Paris to participate in a meeting between economy ministers and leaders of the Central Banks of the G20, to try to find solutions to the debt crisis which is currently affecting various European countries, threatening a world recession.

15/10/2011 | Argentina

Boudou suggests 'work and social inclusion' as possible growth policies

Economy Minister Amado Boudou highlighted today the importance that the G20 add “work and social inclusion” to their policies of growth, forming part of the strategy to escape the eurozone crisis.

19/10/2011 | Argentina

'CFK will make sure we have a country ready for 40 million people,' Boudou

Economy Minister and Vice-Presidential candidate Amado Boudou assured that “President Cristina Fernández de Kirchner’s presence and speech suggest that this Argentina is very different from the one we had in 2003.”

28/09/2011 | Argentina

Boudou: ‘Argentina’s has the second most important growth in the world'

Economy Minister Amado Boudou’s presence in Congress marked the official start to the debate over the Budget bill that the Executive sent to lawmakers on September 15.

01/10/2011 | Argentina

'Passing 2012 budget provides a sense of certainty,' Boudou

Economy Minister and Victory Front Vice-Presidential candidate Amado Boudou said that he hopes Congress will pass the 2012 budget “as soon as possible” because it provides the country with “a sense of certainty.” 

04/10/2011 | Argentina

'There's no doubt that there were trains set on fire,' Boudou on Sobrero

Economy Minister Amado Boudou said that “we mustn’t mantain a corporation-friendly society,” when asked by reporters about his viewpoint on union’s stance on the burning down of trains and the detention of union leader Rubén Sobrero.

23/09/2011 | Argentina

IMF urges Argentina to apply ‘major measures’ to improve inflation data

Nicolas Eyzaguirre, the IMF's director for Latin America, stated that Argentina must apply “major measures” to improve its method of measuring the inflation. Meanwhile, Economy Minister Amando Boudou harshly criticized the report given by the IMF.

24/09/2011 | Argentina

Boudou: 'time for developing nations to find our own solutions to the crisis'

Economy Minister Amado Boudou urged countries in the region to “seize the opportunity created as a result of the crisis affecting developed nations and implement their own solutions.”

27/09/2011 | Argentina

'Argentina does not accept any conditions set from abroad,' Boudou

Economy Minister and Vice-Presidential candidate Amado Boudou (Victory Front party), rejected the recipes for “fiscal adjustments” the international organizations intend to impose on countries affected by the crisis, and stressed that Argentina “does not accept any conditions set from abroad.” 

26/08/2011 | Argentina

Boudou blasts Moody's

Economy Minister and Victory Front’s Vice-President candidate Amado Boudou, questioned Moody’s Investor Services by stating that “rating agencies are in the centre of the global economy problems.”

27/08/2011 | Argentina

'In 2015 we'll say the country doesn’t resemble today’s Argentina,' Boudou

During a special appearance in a local Saturday night television show, Economy minister – and President Cristina Fernandez de Kirchner running mate – Amado Boudou said that today’s Argentina does not resemble the nation in 2003. “If it keeps its pace, in 2015 we will say the country doesn’t resemble today’s Argentina.”

03/09/2011 | Argentina

Gov't hopes 'opposition won't reject 2012's budget'

Economy Minister Amado Boudou stated that the Government expects "to deal with a more serious opposition this year that won’t leave the country without a budget again,” while meeting with Bariloche businessmen affected by volcanic ash spewed by Chile’s Puyehue volcano.

14/08/2011 | Argentina

BA province Cabinet Chief announces 'overwhelming victory'

14/08/2011 | Argentina

Boudou is 'satisfied and at peace' with primaries

Vice-presidential candidate Amado Boudou said he was “satisfied” after the first results of the primaries were revealed and said he “is at peace and very tranquil,” with how the primaries developed during Sunday.

20/08/2011 | Argentina

There will be 'no brusque changes' regarding the peso's value, Boudou

Economy Minister Amado Boudou rejected the possibility that Argentina launches a brusque devaluation to make its exports more competitive, in a scenario in which Brazil is considering devaluating it’s currency for the same reason.

06/08/2011 | Argentina

Boudou: 'we always have the same old crocks in front of us'

Economy Minister and Victory Front’s candidate for Vice-President Amado Boudou headed a rally along with the candidates for the Buenos Aires City Lower House, and blasted the Alianza bloc and the ex Health Minister Graciela Ocaña.

10/08/2011 | Argentina

'No credit rating agency will give us an A, B or C,' Boudou says at final campaign rally

Economy Minister and Victory Front vice-presidential candidate Amado Boudou, confirmed that “no credit rating agency will give us an A, B or C. It’s us who decide who to lend money to.” Amidst an international financial crisis, Argentina “doesn’t need any special plan, we just have to follow the path we’ve taken,” he said.

12/08/2011 | Argentina

Mantega: 'The region's economy is in good shape, and what works well, doesn't change'

Interview by Pablo Jiménez
Prior to the meeting between UNASUR economy ministers, Economy Minister, Amado Boudou and his Brazilian pair, Guido Mantega, met for dinner in Puerto Madero on Thursday night. Inbetween provoletas, asado, both economy heads spoke exclusively with ambito.com about how the region is prepared to face the international financial and economic crises.

26/07/2011 | Argentina

Changes in wheat grains export limit 'don't mean anything,' Biolcati

The head of the Argentine Rural Society, Hugo Biolcati, warned that the Government’s decisión to expand the limit on wheat grain exports to 450,000 tons “don’t mean anything” because they don’t really an effect on the farming sector.

01/08/2011 | Argentina

'A US default would have had delicate consequences on global economies,' Gov't says

Economy Minister Amado Boudou referred to the US debt deal, which was agreed upon late on Sunday to avoid the country entering default. He also ratified that the Government will pay US$ 2.20 billion corresponding to Boden 2012 bond payments.

04/08/2011 | Argentina

'Argentina is prepared to face impact of US economy crisis,' Boudou

Economy Minister Amado Boudou, recognized that the Government is “observing the financial crisis” currently affecting the United States, “with concern,” however also reaffirming that Argentina is “prepared” to face an impact of the crisis to the domestic market.

28/06/2011 | Argentina

Boudou breaks silence via Twitter after vice-presidential nomination

Three days after Economy Minister Amado Boudou was picked by President Cristina Fernández de Kirchner to be her running mate in the upcoming presidential elections, he took to Twitter to make his first public statements after the nomination. “I am thankful that the president chose to trust me,” he tweeted from Paraguay, where he’s attending a Mercosur summit.

10/07/2011 | Argentina

‘Our support is broader on a national level,’ Boudou assures

Economy Minister and vice-presidential candidate Amado Boudou stressed that the Filmus-Tomada ticket had “increased the amount of votes in favour of the Victory Front” in the City, a boost that he assures will help President Cristina Fernández de Kirchner in the upcoming presidential elections in October.

23/07/2011 | Argentina

CFK defends model, says 'it's not tail wind'

President Cristina Fernández de Kirchner headed a rally at the thermoelectric plant of 240 megawatts that is being build in Río Turbio and announced that the turbines have already arrived and defended the government’s economic model by stating that “it’s not magic or tail wind, but work and planification.”

16/06/2011 | Argentina

Boudou predicts agreement with Paris Club before year's end

During an interview on 'Ambito de Debate', Economy Minister Amado Boudou said he was “convinced” that before President Cristina Fernández de Kirchner ends her mandate, Argentina would reach “an acceptable agreement” with the Paris Club. He also expressed he wishes Fernández de Kirchner will decide to seek reelection.

23/06/2011 | Argentina

Fiscal surplus reaches $3.14B

Economy Minister Amado Boudou reported that the fiscal surplus grew 4.2 percent and totalled 3.140 billion pesos in May year-on-year, and that the financial result in the National Public Sector’s accounts reached 1.879 billion pesos.

25/06/2011 | Argentina

Pro-government members support Boudou's candidacy

After the official announcement of Amado Boudou as the candidate for vice-president of Cristina Fernández de Kirchner, members of the pro-government party confirmed their support to the presidential bid.

18/05/2011 | Argentina

'Dealing with the exchange rate and not other pressing issues first is a mistake,' UIA to Boudou

Economy Minister Amado Boudou met with UIA Argentine Industrial Industrial Union leaders, and he made clear that the pillars of the productive model are solid as he listened to the claims and demands of businessmen who discussed several issues, including competitiveness, prices, salaries and a need for financing.

31/05/2011 | Argentina

Boudou comes out in defence of Bonafini amidst Schoklender scandal

Amidst the scandal surrounding former lawyer for Mothers of Plaza de Mayo Sergio Schoklender, Economy Minister Amado Boudou backed the human rights group leader Hebe de Bonafini and stated that "the more silly things are said, the more we have to side with the Mothers,".

03/06/2011 | Argentina

IMF candidate Carstens arrives to Argentina for talks with Boudou

Mexico's central bank chief, Agustin Carstens, arrives to Buenos Aires today for talks with Economic Minister Amado Boudou, aiming to win crucial support in Argentina for his bid to the lead the International Monetary Fund.

07/05/2011 | Argentina

Boudou closes his City precandidate campaign

Economy minister Amado Boudou, a prime kirchnerist precandidate for City Mayor, closed his campaign by holding a small ceremony in front of the Colón theatre, on the corner of Tucumán and Libertad streets today.

09/05/2011 | Argentina

Tomada, Boudou and Filmus lead electoral rally, blast Macri

Victory Front mayoral pre-candidates Amado Boudou, Daniel Filmus and Carlos Tomada led a rally and vowed to enact the policities of President Cristina Fernández de Kirchner in the City, regardless of whoever is chosen to run. They also criticized City Mayor Mauricio Macri.

11/05/2011 | Argentina

CFK, Boudou meet in Olivos to define BA City mayoral candidate

President Cristina Fernández de Kirchner and Economy Minister and Buenos Aires City Mayoral pre-candidate Amado Boudou met at Olivos presidential residence, and according to official sources, they discussed over the strategy to use in order to win the city election in July.

15/04/2011 | Argentina

G20, IMF reflect Argentina’s position

By Liliana Franco, from Washington DC.- Argentina’s envoy is satisfied because, according to them, the IMF and the G20 are presenting measures that the country has applied in the past, when it was lonely and harshly criticized directly or indirectly by several countries. Economy Minister Amado Boudou highlighted in Washington the paradigm change that is being discussed in the G20 and in the IMF.

15/04/2011 | Argentina

Boudou: 'We'll work to keep on growing'

By Liliana Franco, from Washington DC.- “We have a mature relationship with the IMF, we can sit down and express what we think,” Economy Minister Amado Boudou said referring to the current relationship between Argentina and the organization.

20/04/2011 | Argentina

ANSeS files lawsuit against Siderar

The ANSeS social security agency decided to press charges against steelmaker Siderar due to “irregularities” in last Friday’s meeting, in which the company’s owners decided to postpone all discussion on the new director the government wants to install in the company.

01/04/2011 | Argentina

Boudou announces income tax floor increase

Economy Minister Amado Boudou announced that the income tax floor increase will be $7,998 pesos for married workers with two children, and $5,892 pesos for single workers. The amount increased by 20% and will benefit 800,000 workers.

05/04/2011 | Argentina

Boudou says income tax floor hike creates 'a good impact' for workers

Economy Minister Amado Boudou said today that the new minimum income tax floor increase on Earning Tax creates “a good impact” and underlined that 500 thousand Argentines would benefit not paying this tax, following the new law.

08/04/2011 | Argentina

Boudou: economic growth could exceed 4.5% this year

Economy Minister Amado Boudou estimated today that economic growth, recorded at 4.5%, “could be exceeded”, and at the same time underlined that neither companies nor their workers have “any doubt or fear” over the presidential elections this year affecting the economy.  

18/03/2011 | Argentina

Boudou praises import-substitution strategy

Economy Minister Amado Boudou commented on the agreement made between German car maker Volkswagen and the Government yesterday to reduce their trade deficit, saying “it shows the success of import substitution, creating added value and more jobs for Argentina.”

25/03/2011 | Argentina

Boudou attends IDB Annual Meeting in Canada

Finance Minister Amado Boudou attended the first day of the 52nd Inter-American Development Bank (IDB) Annual Meeting in Calgary (Canada). The Argentine official will seek to reopen some loan lines to be allocated to Argentina by the financial institution, official sources reported.

26/03/2011 | Argentina

Gov't hopes to apply new index this year

Economy Minister Amado Boudou assured the government hopes to apply the new Consumer Prices Index this year after the International Monetary Fund (IMF) missions in the country.

28/02/2011 | Argentina

Boudou insists Argentina 'will not cancel Paris Club debt in single payment'

Economy Minister Amado Boudou insisted that Argentina would not cancel its debt with the Paris Club in a single payment, and explained that the country “clearly needs a payment plan that allows it to keep growing, while reaching out to more workers and substituting imports.”

14/03/2011 | Argentina

'Economy is far from hitting bumps in the road to the elections,' Boudou

Economy Minister Amado Boudou assured that despite this being an election year, the economy is “far from hitting bumps in the road due to the elections like it used to happen before,” when the dollar exchange rate would soar and productivity came to a halt.

16/03/2011 | Argentina

'Boudou is fake and his pro-US statements prove it,' Redrado

Former Central Bank governor Martin Redrado blasted Economy Minister Amado Boudou for his alleged pro-US stand, that was revealed by Wikileaks.

22/02/2011 | Argentina

Liaison Board might summon Amado Boudou for questioning

The Liaison Board announced that they will summon Economy Minister Amado Boudou for a hearing to question him over what he said during the G20 meeting held in Paris, where he stated that the solution for the grains market was to increase the production.

23/02/2011 | Argentina

Fiscal surplus hits $2.105 B in January

The fiscal surplus rose 103.7 percent and reached 2.105 billion pesos during January year-on-year, according to Economy Minister Amado Boudou.

25/02/2011 | Argentina

ONCCA dissolution a ‘change of paradigm’

In a press briefing following the dissolution of ONCCA farm agency Economy Minister Amado Boudou said the move meant a “change of paradigm” in the relationship between the government and the farming sector.

01/02/2011 | Argentina

‘No such thing as an inflationary process,’ Boudou, De Vido say

Economy Minister Amado Boudou and Federal Planning Minister Julio De Vido both strongly rejected the existence of an “inflationary process or sustained price hike” in the country.

02/02/2011 | Argentina

CFK announces 17,33% raise for pensioners

While speaking live from the Government House, President Cristina Fernández de Kirchner announced a 17.33 percent raise for pensioners starting in March. Minimum pensions are now to be set at $1,272 pesos.

03/02/2011 | Argentina

Gov’t expands accusations over Papel Prensa irregularities

Economy Minister Amado Boudou presented a report conducted by the Sigen state controller agency, in which several administrative irregularities inside the Papel Prensa plant are pointed out.

28/01/2011 | Argentina

Boudou praises UIA's statement, expects mounting investments

Economy Minister Amado Boudou praised a statement released by the Argentine Industrial Union (UIA) saying "UIA's stance proves investors perceive an important level of economic certainty."

28/01/2011 | Argentina

Gov't once again suggests consumers 'shop around'

Economy Minister Amado Boudou once again urged consumers "to shop around" in light of "a large dispersion of prices" in the domestic economy.

01/02/2011 | Argentina

‘No such thing as an inflationary process,’ Boudou, De Vido say

Economy Minister Amado Boudou and Federal Planning Minister Julio De Vido both strongly rejected the existence of an “inflationary process or sustained price hike” in the country.

13/12/2010 | Argentina

Paris Club negotiations to have 2 phases, stimulate investment

After the meeting held with Paris Club authorities, Economy Minister Amado Boudou said that the negotiation process would have two phases: the first will last through the third week of January and is conciliatory (payment amounts to be defined); the second is to formulate payment plans and has no closing date.

30/12/2010 | Argentina

Brady bond swap 'getting 80.6% acceptance,' Boudou says

Argentina reached an acceptance rate of 80.6 percent on its US$330 million swap of defaulted Brady bonds, Economy Minister Amado Boudou told local radio a day after the debt exchange offer expired.

25/01/2011 | Argentina

Fiscal surplus grows 45% in 2010, Boudou

Economy Minister Amado Boudou reported that the fiscal surplus in 2010 hit 25.08 billion pesos (6.05 billion dollars) and rose 45 percent compared to the volume registered during the previous year.

11/02/2011 | Latin America

Argentina-Brazil to make progress on agreements

Economy Minister Amado Boudou is scheduled to meet today with his Brazilian counterpart Guido Mantega in Brasilia “to deepen the bilateral trade and promote joint exports,” an official communiqué reported.

27/05/2012 | Latin America

Boudou thanks Bolivia for support in Malvinas sovereignty claim

While in an official visit to Bolivia, Vice-President Amado Boudou thanked the neighbouring country for the support it gave Argentina in its sovereignty claim of the Malvinas Islands. Present during the ceremony were ten former veterans of the 1982 war.

28/09/2011 | Economy

Boudou goes to Lower House

Economy Minister Amado Boudou will formally present and defend the 2012 draft Budget at the Lower House of Congress today.