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With numbers of confirmed COVID-19 cases and deaths still relatively low, there is strong support for the restrictions in place despite their economic cost. The gradual reopening…
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DOI: 10.1108/OXAN-DB251948
ISSN: 2633-304X
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The 2021 budget implies a significant fiscal adjustment, with the primary deficit falling from 7-8% of GDP in 2020 to 4.5% in 2021, mainly due to the end of the pandemic relief…
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DOI: 10.1108/OXAN-DB257772
ISSN: 2633-304X
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Geographic
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The net present value (NPV) of this fifth offer is around 37% higher than the first, largely the result of bringing forward payment dates. Despite a significant fall in the…
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DOI: 10.1108/OXAN-DB254431
ISSN: 2633-304X
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The proposal, which has broad cross-party support in Argentina, includes significant incentives to persuade creditors to accept it, such as a shorter grace period and a new…
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DOI: 10.1108/OXAN-DB253777
ISSN: 2633-304X
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Geographic
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The government has again extended its self-imposed deadline to complete debt restructuring talks until June 12 and there is increased optimism about an eventual deal despite last…
Amid signs of mild economic recovery, the government is seeking to postpone debt payments to the IMF and Paris Club. Fiscal adjustment is already underway, but the government…
The first-quarter fall, following full-year contractions of 2.5% and 2.2% in 2018 and 2019, includes only the first ten days of the COVID-19-related lockdown, which continues. The…