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The outlook for provincial debt.
The bill forecasts a fall in the primary deficit next year, mainly due to an expected drop in COVID-19-related welfare payments. The government also aims to boost public works to…
ARGENTINA: Payback for legislative defeat may backfire
President Javier Milei, who denounced the bill’s opponents as ‘traitors’, has said he will not bring it back to debate, at least for now. With his December emergency decree also…
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DOI: 10.1108/OXAN-DB285204
ISSN: 2633-304X
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Lagarde’s visit to Buenos Aires to attend the G20 finance ministers meeting, and assurances of IMF support for the government’s economic policy plans, provided photo opportunities…
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DOI: 10.1108/OXAN-DB236291
ISSN: 2633-304X
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Although a second round had been widely expected, the narrow gap between the ruling Frente para la Victoria (FPV) candidate Daniel Scioli and Mauricio Macri of the centre-right…
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DOI: 10.1108/OXAN-DB206191
ISSN: 2633-304X
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Faced with long-term fiscal imbalances, provincial governments took advantage of the reopening of global markets following Argentina's 2016 debt deal to finance their…
In 2015 the economic downturn and the electoral calendar undermined provincial finances. The outlook is no better for 2016, forcing provincial governors to seek fresh funds. In…
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DOI: 10.1108/OXAN-DB210000
ISSN: 2633-304X
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The lifting of export taxes and the recession have already undermined the government's goal of reducing the fiscal deficit: in 2016 the primary deficit-to-GDP ratio will be even…
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DOI: 10.1108/OXAN-DB216585
ISSN: 2633-304X
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Finance Minister Alfonso Prat-Gay described it as "based on the truth", but it relies on several optimistic assumptions, in particular on growth and inflation rates. Government…