The change of guard in the United States is unlikely to change significantly foreign policy towards Argentina. We do not expect softening policies in the IMF as a result.
The new administration is moving very quickly to establish a new policy regime that addresses the main obstacles that have been affecting investing and growth.
On Q3 the GDP rebounded 12.8% q/q s.a. after the record contraction in Q2 of 16.0% q/q (and -19.0% y/y), leading to a reduction of the y/y fall to 10.2%.
