The primary deficit consistent with the definition of the agreement with the IMF was scarcely below 2.7% of GDP and the government achieved its fiscal target for 2018.
We are starting a year in which the elections will play an important role in the evolution of the economy. If one evaluates Argentina based solely on its economic policies and fundamentals, one would expect that the economy should recover quickly...
The primaries will take place on August 13th, and the big news is that Cristina Kirchner will run for senator in the province of Buenos Aires.
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.
The IMF closed a new deal with Argentina, adding USD 6.0 billion to the existing stand-by credit, now totaling USD 56.3 billion.