Tag: Mauricio Macri

• Thursday, July 26th 2018 - 06:54 UTC

  Dissatisfaction with Argentine government reaches 76%; Macri's support down to 31%

  

  An overwhelming majority of Argentines, 76%, are concerned with the financial turbulence and deeply dissatisfied with the poor performance of the economy according to a monthly survey from the University of San Andrés, its lowest point since the peak reached in October 2017 following the victory of president Mauricio Macri's coalition in the midterm elections.

• Thursday, July 26th 2018 - 06:16 UTC

  Argentina defense minister insists that Armed forces will not intervene in social conflicts

  

  Defense Minister Oscar Aguad has rejected the idea that modifications to the Defense Bill will give Argentina's Armed Forces the power to intervene in social conflicts. He also underlined the military will not replace the Gendarmerie along the borders. The comments follow demands from the opposition to have Congress address the issue.

• Tuesday, July 24th 2018 - 05:23 UTC

  Argentine military will be involved in domestic security issues, announces Macri

  

  In a radical reform of Argentina's defense doctrine, President Mauricio Macri said on Monday he is removing a ban on military involvement in fighting crime, terrorist threats and other internal security issues. Macri said he will modify a 2006 decree that limited the armed forces to defense against attacks by another country.

• Monday, July 23rd 2018 - 07:15 UTC

  Top grades for Macri and his reform policies from IMF's Lagarde

  

  Christine Lagarde, Managing Director of the International Monetary Fund, met with Argentina’s President Mauricio Macri, Finance Minister Nicolas Dujovne and Central Bank Governor Luis Caputo in the context of the Group of 20 Finance Ministers and Central Bank Governors meeting in Buenos Aires over the weekend.

• Monday, July 23rd 2018 - 05:58 UTC

  Hammond in Argentina iterates Falklands self determination and calls on Macri to address inflation and labor reform

  

  The UK Government position is unchanged: only the Falkland Islanders have the right to determine their own political and economic future, stated Phillip Hammond in Buenos Aires where he attended a two-day G20 ministers meeting.

• Friday, July 20th 2018 - 07:21 UTC

  Argentina finances improving: half year primary deficit drops to 0.8% of GDP

  

  Argentina posted a primary fiscal deficit of 105.8 billion pesos (US$3.7 billion), or 0.8% of gross domestic product (GDP) in the first half of 2018, government data showed on Thursday, down 26.7% from the same period last year.

• Thursday, July 19th 2018 - 07:44 UTC

  Macri offers optimistic forecast of Argentine economy, pledging growth will return next year

  

  Argentina’s economy will return to growth in 2019, President Mauricio Macri said on Wednesday, following a year marked by higher-than-expected inflation and a run on the Peso currency that many economists anticipate will lead to a recession.

• Wednesday, July 18th 2018 - 07:38 UTC

  Argentina consumer prices rose 3.7% in June and reach 29.5% in twelve months

  

  Consumer prices rose 3.7% in June in Argentina, official data showed on Tuesday. That brought 12-month inflation to 29.5%, up from 26.3% in the 12 months through May, the INDEC national statistics bureau announced, which makes it the highest monthly recorded figure of the last two years.

• Monday, July 16th 2018 - 08:44 UTC

  Argentina's debt expected to peak at 65% of GDP by end of 2018

  

  The International Monetary Fund (IMF) expects Argentina’s government debt to peak by the end of 2018 and then fall as the country cuts its deficit as part of its US$50 billion deal with the Fund, according to a document published.

• Friday, July 13th 2018 - 05:52 UTC

  Argentina: Macri grants a 20% salary increase to the Armed Forces

  

  In an effort to fix a persistent deterioration of relations, the President ordered a 20% rise in the salaries of the Armed Forces. It was a political decision against the fiscal austerity measures that the government promised the IMF to deserve a financial rescue of 50,000 million dollars, but necessary to calm what already threatened to become a serious storm.