News of budget

Budget or judge it (or fudge it)

29-10-2022 06:00 It looks like Argentina will have next year the Budget which it never could in this – that is the main upside after long hours of parliamentary debate which have done nothing to redeem politics from its current disrepute.

POLITICS & CONGRESS

Lower house approves 2023 Budget after marathon session

26-10-2022 12:23 Ruling coalition secures approval of 2023 Budget bill with 180 votes in favour, 22 against and 49 abstentions, though articles to strip income tax exemptions for judges and judicial workers fails to win support.

BLOOMBERG – ANALYSIS

British pound collapse erodes international trust in UK

28-09-2022 23:41 The UK thought it had the trust of markets — until it didn’t. Now homeowners and businesses will likely have to pay the price.

Budget 2023

Budget 2023: Massa projects 2% growth and 60% inflation

28-09-2022 23:10 Gross domestic product will grow 2% in 2023, with the government aiming for a fiscal deficit of 1.9% and annual inflation rate of 60%, according to the draft budget bill unveiled by Economy Minister Sergio Massa.

2023 Budget

Government's budget bill forecasts 60% inflation in 2023

16-09-2022 09:01 Argentina's government will forecast inflation hitting 60% in 2023 in its proposed budget, according to sources in Economy Ministry.

Football

Brazil’s football clubs dominate the continent – and the gap is getting bigger

12-09-2022 14:59 A look at the prizes up for grabs and the budgets dedicated to playing staff expose huge asymmetries between football in neighbouring Brazil and here at home. With Argentina’s economy in crisis, it’s no wonder that Brazilian sides have picked up four of the last five Libertadores titles.

by Agustín Colombo

BLOOMBERG

Government publishes decree on budget changes for 2022

22-02-2022 15:35 Government issues decree on Tuesday authorising more local debt issuance this year.

ECONOMIC INDICATORS

Argentina more than halves 2021 budget deficit amid IMF talks

21-01-2022 22:56 Argentina sharply reduced its budget deficit in 2021 as President Alberto Fernández tries to cut down on spending amid talks with the International Monetary Fund.

INTERVIEW / PERIODISMO PURO

Alberto Fernández: ‘We went to extremes and lost the centrist vote’

31-12-2021 12:47 The president granted this interview after conversing with IMF Managing Director Kristalina Georgieva. He began a long interview after a day full of tension, topped by the defeat of the Budget bill in Congress.

by Jorge Fontevecchia

BUDGET FURORE

Government extends 2021 Budget and restructures double severance

31-12-2021 12:35 The extension of the 2021 Budget and the phasing out of double severance were published last Thursday in the Official Gazette, via decrees signed by President Alberto Fernández.

IMF DEBT TALKS

President Fernández speaks with IMF chief after budget fiasco

18-12-2021 08:09 IMF Managing Director Kristalina Georgieva and President Alberto Fernández share “very good meeting” as talks over debt restructuring continue.

EDITORIAL

When budget rhymes with ‘fudge it’

18-12-2021 07:32 In Argentina the budget continues to be something of a bad joke.

Politics

Blow for government as 2022 budget bill is rejected in Congress

17-12-2021 17:07 In a blow to President Fernández, deputies in lower house reject ruling coalition’s proposal. Economy Minister Guzmán confirms government will extend current budget via decree.

BLOOMBERG

Lower house unexpectedly rejects 2022 Budget bill

17-12-2021 14:55 Lower house of Congress unexpectedly rejects government’s 2022 budget proposal, a blow to President Alberto Fernández as he enters the second half of his presidency.

POLITICS

2022 Budget bill: Government suffers defeat in Congress

17-12-2021 14:50 Argentina's government suffered an embarrassing defeat on Friday as its 2022 Budget was rejected by Congress, underlining tensions over the country's economic policies.

2022 BUDGET

Government forecasts 33% inflation, 4% growth in 2022 Budget

17-09-2021 14:07 Economy Minister Martín Guzmán meets deadline, submitting Budget bill to Congress at the last possible moment in the dead of night, as crisis raged in the ruling coalition.

BUDGET 2022

Argentina's 2022 Budget sees primary deficit falling to 3.3%

16-09-2021 10:24 Budget bill, presented to the Chamber of Deputies just before midnight on Wednesday, forecasts inflation reaching 33% in 2022.

Bloomberg

Argentina 2022 Budget bill assumes an IMF deal, Fernández says

15-09-2021 17:42 First draft of next year's budget bill will be sent to Congress on Wednesday and it assumes the country will reach an agreement with the International Monetary Fund to refinance its record US$45-billion debt.