Weekly Reports

What is at stake between the Nation and the Provinces

Second week
of November 2017
The discussion around the "Fondo del Conurbano" is a new chapter in favor of greater fiscal federalism. This saga was inaugurated by the Supreme Court at the end of 2015, when it ruled in favor of returning to the provinces the 15% of the tax sharing mass that ANSES was receiving. Last week, the governors ...

An election result that marks the beginning of a new era

Fourth week
of October 2017
After an unusual close of campaigns, the population voted for national and provincial legislators. The governing party won by a landslide. Unlike in the primaries, consulting companies specialized in political surveys were right about their forecasts this time. The Cambiemos party not only prevailed in the pro...

A different look on the quasi-fiscal deficit

Fourth week
of September 2017
The dominating look on the Central Bank’s quasi-fiscal deficit underlines the nominal payments of interests over the stock of Lebacs. This year payments will be made for around ARS 200 billion (with an annual effective rate close to 27%), which is equivalent to 2% of GDP. While the Central Bank will obtain prof...

Argentina’s financial conditions are the best since 2007

Third week
of September 2017
The IAEF-EconViews Index of Financial Conditions (IFC) is a monthly publication indicator that seeks to represent, in a reduced way, the status of financial conditions in the Argentine economy. In simple words, the IFC reflects the availability and the cost of financing for the Argentine government, provinces, ...