News of adjustment

Report: Milei delivers Argentina its biggest public spending cut in 60 years

12-08-2024 16:32 Massive falls in government spending under President Javier Milei’s government to date means the first half of 2024 saw the biggest cutbacks in 60 years, says report.

PRODUCTION & INDUSTRY

Industry on the ropes: Tough times for factories as consumers cut back

24-04-2024 17:24 Factories are on the ropes between adjustment and recession in Argentina. Representatives of small- and medium-sized enterprises (SMEs, or PyMES) warn drop in consumption is threatening the future of industry.

ECONOMIC OUTLOOK

‘No alternative’ to austerity in Argentina, says top World Bank official

10-04-2024 17:59 Economist William Maloney comes out in support of Milei’s government’s reform plans; World Bank says Argentina's economy will decline 2.8% in 2024.

Living with inflation

Coping with austerity and inflation – shoppers share strategies for coming months

26-12-2023 10:00 Faced with rising prices, slashed subsidies and a heavy devaluation, Argentines are preparing for a difficult year ahead by cancelling holiday reservations, stockpiling goods and protecting what’s left in their virtual wallets.

by Agustina Bordigoni