Key Facts
—The plan. Argentina’s economy minister, Luis Caputo, unveiled “Fiscal Innocence II,” a bill to coax dollars held outside the banking system back into the economy.
—The prize. Caputo estimates Argentines keep about US$170 billion in cash outside the system — more than four times the dollars held in banks.
—The pitch. Savers could deposit and use those dollars without explaining where they came from or facing tax penalties.
—The change. The relaunch scraps the income and wealth caps that limited the first version, widening who can take part.
