Tag: Argentina budget

• Monday, September 16th 2024 - 10:01 UTC

  Milei launches “zero deficit” budget bill for 2025

  

  Argentine President Javier Milei appeared before Congress Sunday to submit the 2025 budget bill foreseeing an exchange rate of AR$ 1,207 against the US dollar and annual inflation reaching 18.3% after a projected Gross Domestic Product (GDP) growth.

• Thursday, November 15th 2018 - 21:05 UTC

  Double victory for Argentina's Macri ahead of the G20 leaders' summit

  

  Argentina's Senate on Thursday gave final approval to an unpopular austerity budget designed to meet the stiff requirements of a US$ 57.1 billion International Monetary Fund bailout. Approval came as a great relief for battered president Mauricio Macri, but also a double victory, since it opens the way for his reelection aspirations next year.

• Friday, October 26th 2018 - 07:38 UTC

  Argentina expects final approval of 2019 budget by mid November

  

  Lawmakers in Argentina’s lower house of Congress approved on early morning Thursday an unpopular austerity budget designed to meet the stiff requirements of a US$57.1 billion International Monetary Fund bailout.

• Thursday, October 25th 2018 - 06:10 UTC

  Riots outside, and insults inside as Argentine Congress discusses austerity budget

  

  Protesters opposed to proposed austerity measures clashed with police outside Argentina's Congress on Wednesday as lawmakers discussed next year's budget. Dozens of people threw rocks while police in riot gear responded with rubber bullets and water cannons. Local television said that at least twenty-seven people have been detained but there were no confirmed reports on injuries.

• Saturday, September 22nd 2018 - 08:53 UTC

  Argentine Peso strengthened for the third straight day on Friday

  

  Argentina’s peso strengthened for the third straight day on Friday, driven by optimism that the government would sign a revised financing deal with the International Monetary Fund to include stricter fiscal measures and faster cash disbursements.

• Tuesday, September 11th 2018 - 09:12 UTC

  Argentine equities and Peso lose ground on Monday: IMF and budget concerns

  

  Argentine equities and the peso both lost ground on Monday as analysts said intervention in the foreign exchange market by the nation's central bank may prove less successful than originally hoped.

• Thursday, December 1st 2016 - 15:39 UTC

  Argentine Senate passes 2017 Budget, caps Executive's “super powers” to reallocate funds at will

  

  The Argentine Senate passed Wednesday the 2017 National Public Administration Budget bill and approved a reform to the Financial Administration Law, which limits the Executive Branch's discretion and power to reallocate budget items.

• Wednesday, October 10th 2012 - 09:07 UTC

  IMF estimates Argentina 2012 growth below government target but above private forecasts

  

  Argentina will grow 2.6% in 2012 according to the IMF latest World Economic Outlook, which is below the 3.4% estimated by President Cristina Fernandez administration for this year’s budget.