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With Milei now predicting six months of stagflation and up to two years to reduce inflation from triple digits, dollarisation appears to have been shelved. Instead, he seems…
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DOI: 10.1108/OXAN-DB283767
ISSN: 2633-304X
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The relative sluggishness is due partly to the delayed impacts of financial tightening and reduced global demand. While domestic demand has been the primary engine of growth, the…
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DOI: 10.1108/OXAN-DB284178
ISSN: 2633-304X
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ARGENTINA: Milei will seek support in Washington
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DOI: 10.1108/OXAN-ES283631
ISSN: 2633-304X
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Milei met National Security Advisor Jake Sullivan, while his team met the Treasury and IMF to present a structural adjustment plan. Likely Foreign Minister Diana Mondino also…
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DOI: 10.1108/OXAN-DB283702
ISSN: 2633-304X
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The budget deficit is increasing markedly and will probably top 6% of GDP in 2024 -- the highest level since the late 1980s -- while economic growth remains in the 2-3% range.
ARGENTINA: IMF deal will face increasing obstacles
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DOI: 10.1108/OXAN-ES284421
ISSN: 2633-304X
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These difficulties have arisen despite the sharp rise in oil output to nearly 143 million barrels last year, from which the government received some USD1.6bn in revenues. Oil…