Argentina Predicts 3.5% Growth
Argentina Predicts 3.5% Growth

Argentina Predicts 3.5% Growth

Argentina Predicts 3.5% Growth

Argentina’s government presented its 2018 budget to the congress, forecasting economic growth of 3.5% and annual inflation of 15.7% next year, Foxbusiness reported. The budget also expects Argentina’s currency to depreciate to an average of 19.3 pesos to the US dollar while investment would rise 12%. This year, the exchange rate is on track to average 16.7 pesos, and investment is expected to increase 10% from 2016. President Mauricio Macri’s government expects the primary fiscal deficit to decline to 3.2% of economic output, down nearly one percentage point from this year.

Short URL : https://goo.gl/StjE9q
  1. https://goo.gl/8pMvRQ
  • https://goo.gl/9wa6XY
  • https://goo.gl/j1YEep
  • https://goo.gl/8UjMAo
  • https://goo.gl/LTr1ex

You can also read ...

All three sides can’t agree on a few key issues.  Top of the list: The manufacturing of cars.
No meaningful progress is being made in NAFTA trade talks...
IMF Cautions Kenya on Rising Debt
The International Monetary Fund has cautioned that Kenya’s...
The rules say that EU countries should have budget deficits below 3% of GDP and public debt below 60% of GDP.
National budgets of six eurozone countries may break the...
AT&T-Time Warner Merger Case Politically Motivated
The US Justice Department’s lawsuit to block AT&T’s $85...
Gold Inches Up as Dollar Dips
Gold prices crept up on Wednesday amid a softer dollar, with...
Credit Tightening Dominoes Threaten Asia With Hidden Risks
With Asia’s economies humming along, consumer prices rising...
Mexico Boosts Minimum Wage
The bittersweet news for Mexico’s poorest workers: the...
UK Slashes Growth Projections
Britain slashed its official projections for economic growth...

Add new comment

Read our comment policy before posting your viewpoints

Enter the characters shown in the image.