The IMF and the exchange rate dilemma

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The IMF and the exchange rate dilemma

Noviembre 2021

The opposition was the clear winner in the mid-term elections. It defeated the government coalition by eight percentage points at the national level, it won key provinces such as the province and the city of Buenos Aires, Cordoba, Mendoza, Santa Fe and Entre Rios among others, including the emblematic province of Santa Cruz (see map: in yellow provinces won by the opposition, in blue the ones won by the ruling party, and in green the ones won by a third party). The government lost the majority in the Senate, did not manage to increase its members in the Lower House and won by a very narrow margin in what are typically Peronist provinces such as San Juan and Salta.