News of budget

What we learned this week: September 19 to 26

26-09-2020 09:29 Our pick of the stories from the last seven days in Argentina.

What we've got here is failure to communicate

26-09-2020 09:13 There are at least two major elements to conducting public policy: the construction and execution of successful strategic plans and their communication, in order to generate the correct expectations.

by Agustino Fontevecchia

AS I SEE IT

The incredible shrinking peso

26-09-2020 08:58 The desperate attempts that are being made to keep the dollar out of arm’s reach are bound to prove counterproductive; it is the government’s way of inadvertently warning people that, yet again, the economy is going under.

by James Neilson

CAPITAL CONTROLS

Pesce and Guzmán split over curbs on dollar purchases

19-09-2020 09:26 Government’s economic team split on latest crackdown, as well as how long new rules should remain in place.

Budget proposal

Fernández's first Budget projects 5.5% growth in 2021

16-09-2020 01:17 Government's budget bill forecast for 2021: economic growth of 5.5%, primary fiscal deficit of 4.5%, inflation at 29% and 102 pesos per dollar.

DEBT DEAL DONE

Creditors overwhelmingly back government’s debt restructuring offer

05-09-2020 10:24 Argentina wins "massive" bondholder support to restructure overseas debt, exchanging 99% of debt held under international law.

BLOOMBERG – ANALYSIS

Argentina makes opening move in debt talks

17-04-2020 01:12 The highlights: a three-year moratorium, a 62 percent reduction in interest payments and a five-percent cut in the value of the principal.

BLOOMBERG - OPINION

Norwegian Air shuttle tries a desperate final gamble

10-04-2020 18:12 Few airlines can be entirely confident of their survival right now. The ones in most danger are those that overextended themselves financially before the pandemic, and nobody pushed boundaries more than Norwegian Air Shuttle ASA, the budget transatlantic airline.

Emergency Bill

Debate over government's omnibus 'emergency' bill rages on

18-12-2019 20:39 Lawmakers are set to vote on the massive piece of legislation on Thursday that would formalise the "triple" emergency and set in motion a series of economic reforms to address the crisis

UNITED NATIONS

UN warns it may default on salaries by November

09-10-2019 11:35 Argentina among countries that have yet to pay their 2019 dues, says UN Secretary General António Guterres, as he warns of a cash crisis.

BUDGET PROPOSAL

Lacunza admits economic results have been 'lower than expected'

16-09-2019 17:35 Addressing Congress, where he was presenting the government's draft 2020 Budget proposal, the new minister put the record down to a "combination of inheritance, miscoordination and external factors."

argentina

What we learned this week: September 8 to 13

13-09-2019 23:11 Key stories from the last seven days.

Investigation

Laura Alonso's Anti-Corruption Office secures sharp budget boost

22-07-2019 23:30 Anti-Corruption Office's budget boosted by 50% from last year, with funds going towards salaries and trips to promote image of 'trustworthy' Argentina.

by Nicole Martin

ECONOMIC OUTLOOK

Government’s to ‘advance’ state worker payments after Budget approval

17-11-2018 09:09 Central Bank reviewing benchmark interest rates; Macri administration moves to fend off unrest with early payments.

BUDGET BILL

15 key points from the Budget bill

27-10-2018 09:43 Plenty of hot words (not to mention violent clashes) accompanied the passage of the 2019 Budget by a 138-103 vote on Thursday morning, but below follow the cold numbers as summarised in 15 main points.

BUDGET BILL

Budget bill clears lower house amid chaotic scenes at Congress

27-10-2018 09:32 Government’s contentious budget proposal sent to the Senate after clashes on the streets – and among angry lawmakers in the Chamber of Deputies.