diff --git a/multiversx_sdk_cli/cli.py b/multiversx_sdk_cli/cli.py
index a957cd1b..16acbb32 100644
--- a/multiversx_sdk_cli/cli.py
+++ b/multiversx_sdk_cli/cli.py
@@ -30,7 +30,7 @@
 import multiversx_sdk_cli.version
 from multiversx_sdk_cli import config, errors, utils, ux
 from multiversx_sdk_cli.cli_shared import set_proxy_from_config_if_not_provided
-from multiversx_sdk_cli.constants import SDK_PATH
+from multiversx_sdk_cli.constants import LOG_LEVELS, SDK_PATH
 from multiversx_sdk_cli.env import get_address_hrp
 
 logger = logging.getLogger("cli")
@@ -54,7 +54,7 @@ def _do_main(cli_args: list[str]):
     parser = setup_parser(cli_args)
     argcomplete.autocomplete(parser)
 
-    _handle_verbose_argument(cli_args)
+    _handle_global_arguments(cli_args)
     args = parser.parse_args(cli_args)
 
     if args.verbose:
@@ -65,8 +65,9 @@ def _do_main(cli_args: list[str]):
             handlers=[RichHandler(show_time=False, rich_tracebacks=True)],
         )
     else:
+        level: str = args.log_level
         logging.basicConfig(
-            level="INFO",
+            level=level.upper(),
             format="%(name)s: %(message)s",
             handlers=[RichHandler(show_time=False, rich_tracebacks=True)],
         )
@@ -112,6 +113,13 @@ def setup_parser(args: list[str]):
         version=f"MultiversX Python CLI (mxpy) {version}",
     )
     parser.add_argument("--verbose", action="store_true", default=False)
+    parser.add_argument(
+        "--log-level",
+        type=str,
+        default=config.get_log_level_from_config(),
+        choices=LOG_LEVELS,
+        help="default: %(default)s",
+    )
 
     subparsers = parser.add_subparsers()
     commands: list[Any] = []
@@ -159,11 +167,24 @@ def verify_deprecated_entries_in_config_file():
     ux.show_warning(message.rstrip("\n"))
 
 
-def _handle_verbose_argument(args: list[str]):
-    verbose_arg = "--verbose"
-    if verbose_arg in args:
-        args.remove(verbose_arg)
-        args.insert(0, verbose_arg)
+def _handle_global_arguments(args: list[str]):
+    """
+    Handle global arguments like --verbose and --log-level.
+    """
+    log_level_arg = "--log-level"
+    if log_level_arg in args:
+        index = args.index(log_level_arg)
+        if index + 1 >= len(args):
+            raise ValueError(f"Argument {log_level_arg} must be followed by a log level value.")
+
+        log_arg = args.pop(index)
+        log_value = args.pop(index)
+        args.insert(0, log_value)
+        args.insert(0, log_arg)
+
+    if "--verbose" in args:
+        args.remove("--verbose")
+        args.insert(0, "--verbose")
 
 
 if __name__ == "__main__":
diff --git a/multiversx_sdk_cli/config.py b/multiversx_sdk_cli/config.py
index 3df425ef..9b6c89b5 100644
--- a/multiversx_sdk_cli/config.py
+++ b/multiversx_sdk_cli/config.py
@@ -6,7 +6,8 @@
 from multiversx_sdk import NetworkProviderConfig
 
 from multiversx_sdk_cli import errors, utils
-from multiversx_sdk_cli.constants import SDK_PATH
+from multiversx_sdk_cli.constants import LOG_LEVELS, SDK_PATH
+from multiversx_sdk_cli.ux import show_warning
 
 LOCAL_CONFIG_PATH = Path("mxpy.json").resolve()
 GLOBAL_CONFIG_PATH = SDK_PATH / "mxpy.json"
@@ -136,9 +137,20 @@ def get_defaults() -> dict[str, Any]:
         "dependencies.testwallets.urlTemplate.osx": "https://github.com/multiversx/mx-sdk-testwallets/archive/{TAG}.tar.gz",
         "dependencies.testwallets.urlTemplate.windows": "https://github.com/multiversx/mx-sdk-testwallets/archive/{TAG}.tar.gz",
         "github_api_token": "",
+        "log_level": "info",
     }
 
 
+def get_log_level_from_config() -> str:
+    log_level = get_value("log_level")
+    if log_level not in LOG_LEVELS:
+        default_log_level: str = get_defaults()["log_level"]
+        show_warning(f"Invalid log level set in config: [{log_level}]. Defaulting to [{default_log_level}].")
+        return default_log_level
+
+    return log_level
+
+
 def get_deprecated_entries_in_config_file():
     default_config_keys = set(get_defaults().keys())
     current_config_keys = set(get_active().keys())
diff --git a/multiversx_sdk_cli/constants.py b/multiversx_sdk_cli/constants.py
index 26129b8f..803889fe 100644
--- a/multiversx_sdk_cli/constants.py
+++ b/multiversx_sdk_cli/constants.py
@@ -30,3 +30,5 @@
 MAINCHAIN_ADDRESS_HRP = "erd"
 
 SDK_PATH = Path("~/multiversx-sdk").expanduser().resolve()
+
+LOG_LEVELS = ["debug", "info", "warning", "error"]