Economy Minister Luis Caputo announced on Tuesday that Argentina aims to raise $2 billion before year-end through the sale and concession of state-owned assets, including the national water utility, electricity transmission operator Transener, freight rail, and several power plants. The push is a core commitment under Argentina's $20 billion Extended Fund Facility agreement with the IMF (signed in April 2025), which sets demanding targets for central bank reserve accumulation. The accelerated privatization drive also signals fiscal resolve to international markets as President Javier Milei's government heads into October midterm elections against a backdrop of rising inflation and a recent contraction in economic activity.