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Argentina's fiscal deficit 3.5% of GDP, says minister Kicillof

Thursday, November 19th 2015 - 07:55 UTC
Full article 17 comments

Argentina will likely end the year with a fiscal deficit of 3.5% of GDP, Economy Minister Axel Kicillof said on Wednesday, rejecting estimates by the opposition for a deficit around twice as high. Read full article

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  • Welsh Wizard

    Based on INDEC. Always take what INDEC says and double or halve it

    Nov 19th, 2015 - 09:30 am - Link - Report abuse 0
  • Marti Llazo

    INDEC: Inevitable Nefariously Depraved Economic Criminals

    Nov 19th, 2015 - 11:51 am - Link - Report abuse 0
  • chronic

    Borrow your way to liquidity!

    Now - just exactly how does that work?

    Oh, yes - devalue the currency by borrowing and inflation which destroys - Oh no - the snake has to swallow its tail. Perpetual motion machine fails. lol.

    It starts with productivity. Raise the level of productivity - create wealth. K's just redistribute a commodity driven variable sum - they create nothing. The perro social safety net reinforces the rotting roadkillian natural predisposition to sloth and thuggery.

    Keep doing what you've been doing and see how the market rewards you.

    Nov 19th, 2015 - 05:11 pm - Link - Report abuse 0
  • golfcronie

    Anyone want a bet with me that the 1 U$S will be 10 A$R by the 25th of December?

    Nov 19th, 2015 - 11:16 pm - Link - Report abuse 0
  • Marti Llazo

    @4 Argie pesos are going for 17 to the dollar in Chile right now. I'm guessing over 20 to the dollar in just a few weeks.

    Nov 20th, 2015 - 02:36 am - Link - Report abuse 0
  • chronic

    The pain reward is inescapable.

    Nov 20th, 2015 - 02:51 pm - Link - Report abuse 0
  • yankeeboy

    As I have said for a very long time the economic catastrophe the Ks have brought on will be worse than 2001 and 1989 combined. I have never seen anyone willfully destroy a people as I have the Ks.
    It is sad the Rgs are too ignorant to see it for themselves.
    It will take a miracle to fix this mess.
    I doubt anyone can do it.

    What they have done should be considered a crime against humanity.

    Nov 20th, 2015 - 02:54 pm - Link - Report abuse 0
  • The Voice

    Aha 'Kilitoff' - says it all really, whats left of the Argie economy! It will rollover and display its bottom sometime very soon.

    Nov 20th, 2015 - 03:15 pm - Link - Report abuse 0
  • Marti Llazo

    If he were alive today, Goya's “El sueño de la razón produce monstruos” would probably read, “The sleep of reason gives us Peronism.”

    Nov 20th, 2015 - 06:19 pm - Link - Report abuse 0
  • Pete Bog

    “Many say heavy government spending by outgoing President Cristina Fernandez is driving an expansion in the deficit that has been masked by government figures.”

    While she buggers off to a rich bolthole somewhere and laughs at her people that she has shafted.

    Nov 20th, 2015 - 07:31 pm - Link - Report abuse 0
  • yankeeboy

    10. BCRA/Treasury/ANSES/ENARSA/Aerolineas and any of the other alphabet-soup agencies they have control of are deeply bankrupted along with every province.
    When this all comes into the light of day people are going to be flabbergasted.

    They're chosen to (unsuccessfully) temporarily tamp down the peso in lieu of buying imports to keep factories running and goods on the shelves.
    It is criminal.

    La Campora are currently destroying evidence and stealing computers and anything else that's not nailed down from all gov't offices.

    The Kirchners have always made me sick.
    They are disgusting filthy narco thieves

    Nov 20th, 2015 - 07:53 pm - Link - Report abuse 0
  • 313toBioBio

    @11 what do u make of the political careers of nestors sister and kiciloff? For me its an amazing illusion of continuity. We have different versions of reality going on. I feel like im in the twilight zone in chile. If i say the kirchners are narco thieves, demons, jews that have 0 regard for how their stalinism ends in collapse....... Im met with a normalcy bias. When watching kiciloff and rousseff's insane violent speeches im amazed with hiw normal is sustaining. Why arent there bank runs? Kirchnerism has prdoduced a lot of exiles. I wonder if iTs more likelt to see kiciloff and mamximo in israel than managing posts.

    Nov 21st, 2015 - 01:49 am - Link - Report abuse 0
  • Troy Tempest

    @12 313toBio...

    Why are you so anti-Semitic ??

    The K's and pals, are enemies of the Jewish people of Argentina.

    Timerman was publicly denounced by the Argentine Jewish Community for his role in covering up the AMIA bombing that killed 85 Jews, and for his and the K's attempts to profit from it personally.

    Others brought this up to you before. Your statements defy logic and ignore the truth.

    You seem more interested in spewing hatred about the Jews.

    Nov 21st, 2015 - 05:19 am - Link - Report abuse 0
  • 313toBioBio

    Its catholic schools that get sprayed with pesticides in alperovich's jurisdiction. Timerman selling out the terror victims doesnt change that.. Or even them killing nisman. Lets look at history. The potato famine has similarities to kirchners soy famine. There it was the difference between protestants and catholics. Landowner vs peasant. Why is that so differwnt from argwntina? Kiciloff rigs the currency. Governers like capitanich and alperovich give monsanto the green light to poison the place..

    Im being pragmatic
    Any rational person wojld have a hard time supporting perons memory like cfk and even kiciloff do in their speeches... These are jews talking about a nazi. The Irony is that their economic management is to create an atomic bomb in the nazi evitas memory.. Even somewhat intelligent commenters on here make the mistake of seeing sincerity in cfks socialism and ideology.

    Profiting from terrorism and a police state is done globally... I dobt see how this makes cfk not a jewish queen using her office to spread poverty and satire christianity. First by pretending to be a leftist catholic.

    Nov 21st, 2015 - 07:00 am - Link - Report abuse 0
  • Troy Tempest

    @14 313Bio

    You fail to make a convincing case for a Jewish conspiracy against “Nazi” Argentinians.

    CFK - a tenuous link to Judaism on one side of her family only, and she is criminally involved in profiting from the coverup of the murser of 85 Jews.

    Timerman, is likewise involved, brokered a deal to help the Iranian traditional enemies of the Jews, and personally profited from it, just like CFK.
    He was also declared an enemy of the Jewish Community, and thrown out.
    Kiciloff - if he is Jewish, is it any more than coincidence? What about all the other K supporters and co-conspirators, Anibal Fernandez, Scioli, Boudou, Alicia Castro, the new head of the Federal Bank, and the idiot 'in charge' of the Malvinas ... ??? Surely, they are not all Evil Plotting Zionists ??
    Their common bonds are greed, and callous disdain for others.

    Nov 21st, 2015 - 10:14 am - Link - Report abuse 0
  • 313toBioBio

    Its cfks mother that is jewish and her father didnt raise her... And the malvinas, thats just the regime pretending to be the patriots they are satiring. Iran has nothing to gain from importNt deals with a failed regime and failed state. Netanyahu profits from murders of jews all the time. Cfk on various occasions made it obvious that she has an issue with catholicism and the itLianate fascist history. She said argentinos hoy comen salchichas y jamon in some biZarre speech which included the torah. She made herself godmother of the baby of these lesbians baby, but sent a representative. She adopted a jewish godson and this huge family posedith her in the casa rosada. She made remarks with. Kicillof about the germans being great at experimenting with teeth. She appoined rojkes alperovich president while she and boudou were abroad and it was a bigbdeal and a milestone to have this jewish president. She saved the evita peso for when anyone with a brain is fighting with dollars. She is sarcastic in her peronism. A nazi punk. People like timerman were attacked by videlas regime on religious grounds. It wasnt that long ago. There was a specific policy where martinez de hoz said no jews in banking... Meet Kicillof

    Nov 23rd, 2015 - 02:12 am - Link - Report abuse 0
  • Troy Tempest

    You are a Conspiracy Theorist and Anti-Semite.
    BTW, I am not Jewish or Muslim, or Roman Catholic

    Nov 23rd, 2015 - 04:24 am - Link - Report abuse 0

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