MercoPress. South Atlantic News Agency
Argentina's primary deficit falls to 1.1% of GDP, the lowest since 2012
Argentina's primary deficit fell to 1.1% of Gross Domestic Product (GDP) between January and September this year, compared to 2.1% over the same period in 2017, the Finance Ministry announced on Monday. Read full article
Comments
Disclaimer & comment rulesBut, but, but, this is horrible!
Oct 23rd, 2018 - 12:49 pm - Link - Report abuse +1What shall poor Enrique do, if Macri's tough line of austerity ends up improving the Argentine economy to the extent that poverty will be almost extinct?
Ah, but of course, Macri causes EXTINCTION to hit Argentina.
Says DA: “What shall poor Enrique do, if Macri's tough line of austerity ends up improving the Argentine economy to the extent that poverty will be almost extinct?”
Oct 23rd, 2018 - 06:30 pm - Link - Report abuse -1Hey, that's easy, don Alberto! If Macri eradicates poverty to reasonable levels (not zero, which was just a snake oil seller promise) I will be the first to cheer and sing the praises of don Mauricio.
But hey, let's not even wait for that much though!
I will cheer for Macri if he just shows he can return Argentina to the economic conditions existing in December 2015.
Boy, that would be a big improvement already!
Enrique will cheer for Macri if he just shows he can return Argentina to the economic conditions existing in December 2015.
Oct 23rd, 2018 - 08:53 pm - Link - Report abuse +2But, but, but, what were the economic conditions existing in December 2015?
Nobody knows, because the then INDEC told us, that inflación was below 10 per cent, thus demonstrating how much we can trust any declaration of Argentine nacional economy dating before Macri took over.
What we DO know is, that the number of Kirchnerist cronies who only showed up at “work” to collect their salaries on ñoquis day was counted in the hundred thousands, thus artificially upkeeping the economy.
But Reekie keeps saying that the economy is a complete disaster and only getting worse! As I have said before, this isn't true and some economic indicators are improving. The deficit is one of them and it has been trending in a positive direction since 2016.
Oct 24th, 2018 - 07:53 pm - Link - Report abuse 0https://tradingeconomics.com/argentina/government-budget
Zaphod may be misinformed and he expresses wishful thinking.
Oct 25th, 2018 - 04:22 pm - Link - Report abuse -1In the alternative, Zaphod watches TN, reads Clarin and La Nacion and believes the lies conveyed by government-friendly media. MP provides a partial view of the situation.
Or, Zaphod is simply doing his job like many government employees are doing every day, inundating social media with pro-Cambiemos comments and attacks on opponents.
However, the situation in Argentina is now far beyond philosophical discussions, as citizens and entrepreneurs are experiencing it in their own flesh -- every day.
“Zaphod may be misinformed and he expresses wishful thinking.”
Oct 26th, 2018 - 06:07 pm - Link - Report abuse 0Maybe, but I am presenting data rather than opinion.
“In the alternative, Zaphod watches TN, reads Clarin and La Nacion and believes the lies conveyed by government-friendly media. MP provides a partial view of the situation.”
No, simply searching for real data and presenting it. Data will trump misinformed opinion every time.
“Or, Zaphod is simply doing his job like many government employees are doing every day, inundating social media with pro-Cambiemos comments and attacks on opponents.”
No, I have not worked for any government since I was a student.
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