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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…
Specifically, China would enhance infrastructural and institutional mechanisms for cross-border transfers, as well as boost the currency’s role in driving the real economy and…
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DOI: 10.1108/OXAN-DB285412
ISSN: 2633-304X
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Geographic
Topical
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…
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DOI: 10.1108/OXAN-DB281076
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB278451
ISSN: 2633-304X
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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…
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DOI: 10.1108/OXAN-DB272411
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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Although styled as the more 'business-friendly' candidate, Macri will face numerous challenges in making rapid macroeconomic changes, despite the need to do so. Since 2003, when…
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DOI: 10.1108/OXAN-DB206839
ISSN: 2633-304X
Keywords
Geographic
Topical
Rising poverty levels in Argentina.
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DOI: 10.1108/OXAN-DB239490
ISSN: 2633-304X
Keywords
Geographic
Topical
Monetary, fiscal and debt concerns.
The 2021 budget implies a significant fiscal adjustment, with the primary deficit falling from 7-8% of GDP in 2020 to 4.5% in 2021, mainly due to the end of the pandemic relief…