News of fiscal deficit

Fernández vows to comply with IMF objectives as crisis talk grows

01-07-2022 11:33 Peronist leader says Argentina is committed to reducing fiscal deficit and boosting Central Bank reserves, despite renewed talk of financial crisis.

NEW FINANCING PROGRAMME

Government reaches new US$44.5-billion agreement With IMF

28-01-2022 13:20 Argentina has reached an initial agreement worth US$44.5 billion with the International Monetary Fund in an attempt to stabilise its economy.

IMF DEBT TALKS

Argentina's opposition refuses to attend meeting on IMF talks

04-01-2022 14:28 Leaders from Argentina’s top opposition bloc indicated that they won’t be attending the government’s meeting at the presidential palace on Wednesday to discuss the state of negotiations with the International Monetary Fund.

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.

ECONOMIC ANALYSIS

Balancing the budget, a dubious aim in an electoral year

30-01-2021 08:38 Economy Minister Martín Guzmán’s plans could collide with government aspirations for a good result in the 2021 midterms.

Coronavirus pandemic

Government doesn't expect to resume IFE payments this year

25-01-2021 23:31 Argentina will not need a new version of the Ingreso Familiar de Emergencia (IFE) scheme, implemented last year during the coronavirus pandemic, a senior government official has told Bloomberg.

ECONOMIC INDICATORS

Pandemic costs sent primary fiscal gap to 6.5% of GDP

23-01-2021 09:59 Fiscal deficit skyrocketed last year to highest since 1993, as the pandemic forced increase in social spending.

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.