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MercoPress, en Español

Montevideo, November 22nd 2024 - 05:33 UTC

Tag: International credit markets

  • Monday, June 17th 2024 - 18:14 UTC

    IMF: Argentina's economic activity projections worse than thought

    Argentina's return to international capital markets could happen as early as 2025, the IMF also foresaw

    Monday's International Monetary Fund (IMF) projected a 3.5% drop in Argentina's economic activity this year from a previous 2.75% assessment but admitted inflation would be lower than previously thought reaching 140% year-on-year by the end of 2024 in addition to “declining further in the medium term, as demand for pesos recovers from historically low levels.”