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What will be the main reason for IMPSA privatization as cited by the Argentine government?
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Argentine•Javier Milei•IMPSA•ARC Energy•Donald Trump•Milei•United States•Trump•Evaluating Commission
Resolution / Starting Odds
Economic efficiency • 25%
Political alignment with U.S. • 25%
Financial necessity • 25%
Other • 25%
Official statements from the Argentine government or reports from major news outlets
Story
Argentina's Javier Milei Prepares to Privatize IMPSA on January 20, Awarding Contract to Trump-Linked ARC Energy
Jan 8, 2025, 11:04 AM
The Argentine government, led by President Javier Milei, is set to privatize the state-owned metallurgical company IMPSA. The company has been pre-awarded to ARC Energy, a firm associated with Donald Trump. This marks the first privatization under Milei's administration. The decision comes as Milei prepares for a trip to the United States for Trump's inauguration on January 20. The Evaluating Commission has recommended the transfer of IMPSA's shares, indicating that the company will soon be in the hands of the U.S.-linked investor group.
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Joint ventures • 25%
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International firms • 25%
Domestic Argentine firms • 25%
Support currency stabilization • 25%
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Increase foreign reserves • 25%
Infrastructure development • 25%
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IMF • 25%
Domestic Policies • 25%
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Remains state-owned • 25%
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