Tag: ANSES

• Thursday, October 11th 2018 - 16:47 UTC

  Pensions way behind inflation, admits Argentine bureau chief

  

  Argentina's Pensions Bureau (ANSES) Director Emilio Basavilbaso Wednesday acknowledged that inflation has rapidly outpaced what senior citizens collect monthly.

• Wednesday, November 23rd 2016 - 15:56 UTC

  Anses sells off all its Petrobras Argentina shares worth US$ 156 million

  

  As a part of the Pampa Energía takeover bid strategy, the Pensions Bureau guarantee fund had to sell its 11.85 % stake. It also holds 18% of Pampa's shares and saw no point in increasing that to 23% when prospects of a merger are on the radar. “If we didn't sell, they would have merged us with Pampa anyway,” a top Anses official said.

• Thursday, August 8th 2013 - 03:05 UTC

  Argentina central bank turned into state-financing tool: recession and higher inflation forecasted

  

  Argentina is forecasted to fall into recession next year on the back of super-loose money policy with inflation reaching 24% this year and 30% in 2014 as the government continues to appeal to Central bank resources to meet budget commitments, according to London based Capital Economics.

• Wednesday, June 13th 2012 - 08:17 UTC

  Cristina Fernandez announces plan to build 400.000 new houses in four years

  

  In an attempt to recover the political initiative and sliding opinion polls Argentine President Cristina Fernández announced the launching of an ambitious housing program aimed at building 400.000 homes in the next four years.

• Thursday, April 5th 2012 - 15:41 UTC

  Argentina denies plan to acquire stake in YPF but provinces continue to rescind concessions

  

  Argentina’s Planning Minister Julio de Vido denied a report by Buenos Aires newspaper Clarin that the government is working on a plan to use state-controlled pensions Anses to buy a stake in oil corporation YPF, he said in a statement.

• Wednesday, February 29th 2012 - 07:24 UTC

  Argentina spending more than it produces; “default situation” can’t be discarded

  

  Argentina currently consumes more than it produces and only with strong growth can it avoid another default situation since liabilities continue to increase, warns economist Diana Mondino.