Search results
1 – 10 of 22The 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…
Details
DOI: 10.1108/OXAN-DB285892
ISSN: 2633-304X
Keywords
Geographic
Topical
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…
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…
Details
DOI: 10.1108/OXAN-DB265104
ISSN: 2633-304X
Keywords
Geographic
Topical
The domestic bond market has recently faced massive sell-offs amid increasing doubts over the sustainability of the Extended Fund Facility (EFF) signed with the IMF in March; the…
With second-quarter targets unmet, the deal was delayed by conflicting positions on fiscal and exchange policies. Economy Minister Sergio Massa’s recent policy package paved the…
Details
DOI: 10.1108/OXAN-DB281076
ISSN: 2633-304X
Keywords
Geographic
Topical
The severe drought’s impact on export earnings has fuelled fears of devaluation, increasing exchange pressures and forcing the government to implement further domestic debt swaps…
Details
DOI: 10.1108/OXAN-DB278451
ISSN: 2633-304X
Keywords
Geographic
Topical
Massa also extended peso debt maturities through a successful debt swap. On the political front, he was able to overcome the resistance of Vice-President Cristina Fernandez de…
Details
DOI: 10.1108/OXAN-DB272411
ISSN: 2633-304X
Keywords
Geographic
Topical
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…
Details
DOI: 10.1108/OXAN-DB275364
ISSN: 2633-304X
Keywords
Geographic
Topical
The health crisis, national lockdowns and a global recession have combined to create a difficult environment in Latin America, while governments’ responses to the pandemic have…
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…