Fitch Ratings upgrades Argentina’s sovereign credit assessment, citing President Javier Milei’s economic overhaul and related efforts to improve financing prospects ahead of upcoming debt payments. Bloomberg reports the decision reflects increasing confidence in Milei’s program and the government’s ability to secure funding to meet near-term obligations. The Rio Times adds that Fitch raises Argentina’s long-term foreign- and local-currency sovereign rating from CCC+ to B-, keeping a stable outlook. The upgrade is described as the first Fitch improvement since Milei took office. Despite the gain, both sources indicate Argentina remains below investment grade. Fitch’s action signals a shift from earlier credit concerns toward a more optimistic assessment of policy direction and credit risk, while leaving the country in speculative-grade territory. The upgrade is presented as part of a broader reassessment of Argentina’s economic strategy and its impact on debt sustainability and market access.