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ARGENTINA: Inflation slows but recession will linger
The government has posted the first fiscal surplus in years, inflation has declined and foreign currency reserves have risen from USD21.0bn in mid-December to USD28.5bn. However…
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DOI: 10.1108/OXAN-DB285892
ISSN: 2633-304X
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The new agreement envisages a primary surplus of 2% of GDP, a zero general deficit and reserves accumulation of USD10bn; it includes no new funding. However, the widening gap…
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DOI: 10.1108/OXAN-DB284724
ISSN: 2633-304X
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ARGENTINA: IMF doubts will mount amid economic woes
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DOI: 10.1108/OXAN-ES285416
ISSN: 2633-304X
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According to the constitution, the presidential contest must take place in September-October, but parliamentary elections are not due until 2025. President Ranil Wickremesinghe…
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DOI: 10.1108/OXAN-DB285553
ISSN: 2633-304X
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According to the constitution, the next presidential election must take place in September-October 2024, but parliamentary polls are not due until 2025. Wickremesinghe is heavily…
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DOI: 10.1108/OXAN-DB284210
ISSN: 2633-304X
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Bond markets have responded positively to Milei’s victory, followed by the announcement that he would re-privatise state oil company YPF and other companies, but domestic exchange…
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DOI: 10.1108/OXAN-DB283523
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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Only three parties or coalitions have two slates competing, with the others each presenting a single nominee. The only competitive primary will be that of the opposition Juntos…
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DOI: 10.1108/OXAN-DB280135
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…