As expected, the Fund's Board of Directors approved the review of Argentina's program, although it made it clear that Massa failed to meet all goals. The IMF applauds the fiscal effort promised by...
A more widespread recovery
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A more widespread recovery
Fifth week
July 2019
The latest official data for economic activity displayed a yearly growth of 2.4% in May, the first positive one since March 2018. Nonetheless, just a few sectors have recovered in relation to year ago. Indeed, excluding agricultural production, which grew around 50% annually, economic activity is still 3.4% below one year ago.