Post by account_disabled on Dec 19, 2023 23:44:23 GMT -5
The inflated numbers refused to come down and . for monthly inflation last month and this month but today the percentage is more than double that while variables such as the dollar are at the mercy of speculation without fiscal support from the government. Confronting them depends largely on the IMF. In addition the drought that is hitting the country, one of the worst in the country's history, is having a serious impact on the economy.
A country facing a severe reserve crisis has lost an estimated $1 billion in export revenue. Massa lifts the peso debt bomb. The opposition has been throwing away the peso debt Job Function Email List by force and trying to encourage agricultural exporters to liquidate with higher soybean dollars. But the situation is complicated. The gap between the official dollar and the blue overhang and according to the IMF Forecasts predict only annual economic growth. The fund's managing director highlighted the negative impact of the drought on Argentina's economy. He stressed that the government's commitment was based on.
own circumstances to continue to refine policy to achieve the goals identified in the plan negotiated with the agency. He stressed the need to maintain fiscal deficit reduction and control public expenditure targets to account for the deficit by the end of the year. It was approved at the end of the month for the fourth review of the program to disburse $100 million covering the last quarter of the year to maintain reserves. This election-time austerity policy outraged Kirchnerists who considered it a suicidal policy. Cristina Fernandez herself has criticized these many times.