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Argentina's new administration package of economic measures next week

Saturday, December 12th 2015 - 07:11 UTC
Full article 15 comments

Argentine finance minister Alfonso Prat-Gay announced on Friday that next week levies on farm (grains and oilseeds) exports will be lowered, the half year bonus of wage earners if below 30.000 Argentine Pesos will be exempt from income tax, and the policy of “looked-after prices” at supermarkets will continue. Read full article

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  • Briton

    And so austerity begins,

    and you thought Greece was going through hell...

    Dec 12th, 2015 - 07:51 pm - Link - Report abuse 0
  • Skip

    Won't be anything like Greece.

    Dec 12th, 2015 - 10:05 pm - Link - Report abuse 0
  • Briton

    so it might be better then,
    perhaps they will not suffer anymore than they have,
    time will tell.

    Dec 13th, 2015 - 12:17 am - Link - Report abuse 0
  • ilsen

    They need to take it slow-and-steady, there is no 'quick-fix'.

    So good, so far.

    I wish them All The Best.

    Dec 13th, 2015 - 03:13 am - Link - Report abuse 0
  • The Voice

    For a start cancel the trolls stipends, they do Argentina no favours, especially the Nazis - El Stink etc.

    Dec 13th, 2015 - 09:18 am - Link - Report abuse 0
  • Brasileiro

    England now has the worst socioeconomic indicators in its history. The Saxons have never been so miserably poor. With an income distribution that has been endangering day to day.

    I would like to ask the cowardly pirates who live illegally in the Malvinas if this reality is also present in that gang.

    There is a concentration of income between 3000 pirates or not?

    Dec 13th, 2015 - 09:44 am - Link - Report abuse 0
  • Skip

    No it doesn't.

    Stop lying.

    Dec 13th, 2015 - 11:27 am - Link - Report abuse 0
  • Brasileiro

    http://www.ibge.gov.br/paisesat/

    Go ahead! Study!

    Dec 13th, 2015 - 12:07 pm - Link - Report abuse 0
  • Klingon

    @6 Stay on topic or go back to your Favela.
    They only thing good to come out of Brazil is a Brazilian wax job.

    Dec 13th, 2015 - 12:48 pm - Link - Report abuse 0
  • Brasileiro

    @ 9 Saxon
    And you have not even that good. You are a crap inferior mistreated and hated by America.

    The problem is not Argentina! The problem is you!

    Do the world a favor: go away!

    Dec 13th, 2015 - 01:26 pm - Link - Report abuse 0
  • The Voice

    Nostril, just SHUT UP!

    You are embarrasing Argentina :-(

    Dec 13th, 2015 - 02:34 pm - Link - Report abuse 0
  • Briton

    socioeconomic [ explain ]

    Argentina and brazil could be a lot of things,
    but alas , no such luck.

    Dec 13th, 2015 - 07:59 pm - Link - Report abuse 0
  • Clyde15

    #6
    Yes it's hell in Britain. The shop prices keep falling and it's difficult to spend all your money. I wonder what it must be like being gutter poor as the average Brazilian or Argentinian...or even worse a Venezuelan.
    Well, it could not happen to a nicer bunch of people....enjoy.
    #10
    Well, we have been here for millenia even when Brazil was unheard of in Europe until the colonial squatters from Portugal stole and trashed the land, murdering the indigenous inhabitants. It must make you feel proud to be descended from such a bunch of thieving colonials squatters.

    Hated by America ? Your evidence for that apart from wishful thinking ?

    Dec 13th, 2015 - 09:29 pm - Link - Report abuse 0
  • Frank

    Is it just me or do the people around Macri look smarter... not just in the way they dress... they just look smarter.

    Even the people outside the Casa Rosada the other day looked cleaner and smarter...

    Dec 14th, 2015 - 07:12 am - Link - Report abuse 0
  • ChrisR

    “the new head of the Indec stats office, Jorge Todesca”

    Combine this with “Prat-Gay said he had no idea yet what would happen with the exchange rate when the dollar clamp is lifted, but mentioned the good reply from a group of US banks willing to lend to Argentina, which together with trade and investment dollars, and those held by Argentines at home under the mattress, and farmers, “should gives us the sufficient foundation to support any unification of the exchange rate”.” should give people the confidence that they will no longer have smoke blown up their backsides over the real state of the economy.

    EXCELLENT.

    Dec 14th, 2015 - 12:01 pm - Link - Report abuse 0

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