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The agreement will last for 48 months and includes an immediate disbursement of USD1bn. It will provide much-needed, short-term fiscal relief for the government and increase…
ARGENTINA: Market mayhem raises capital controls fears
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DOI: 10.1108/OXAN-ES246042
ISSN: 2633-304X
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The sharp fall came days after President Alberto Fernandez announced that he would not seek re-election, prompting rumours of an imminent devaluation that the government blames on…
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DOI: 10.1108/OXAN-DB278772
ISSN: 2633-304X
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Massa's bid is widely seen as having the support of local businessmen, trade union leaders and Peronist governors, representing the core of a coalition that could provide a stable…
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DOI: 10.1108/OXAN-DB280402
ISSN: 2633-304X
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Although pre-election spending normally militates against a sharp drop in growth in election years, there is little margin for this in a context of low reserves, spiralling…
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DOI: 10.1108/OXAN-DB279852
ISSN: 2633-304X
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Speaking before Congress on February 13, Guzman said Argentina had the willingness but not the ability to repay debt. He proposed a gradual path to a balanced budget, to be…
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DOI: 10.1108/OXAN-DB250693
ISSN: 2633-304X
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However, since the August primaries his goal has shifted to winning the elections, or at reaching a run-off, prompting expansionary policies aiming to improve households’…
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DOI: 10.1108/OXAN-DB282141
ISSN: 2633-304X
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After financial turbulence in the first half of 2022, the economy stabilised in the second half, and the government is estimated to have met IMF policy targets for 2022. However…
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DOI: 10.1108/OXAN-DB275364
ISSN: 2633-304X
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The debate has been delayed by November 14 midterm elections. However, the budget has already been criticised both by the opposition, which considers the forecasts excessively…
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DOI: 10.1108/OXAN-DB265104
ISSN: 2633-304X
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Guzman’s abrupt resignation, after months of pressure from Vice-President Cristina Fernandez de Kirchner (CFK), nonetheless took the government by surprise. His resignation…