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infrastructure projects to the massive budget deficit the government has announced a raft of a sterile measures this week as it seeks to slash the deficit and restore confidence in the past so which has lost more than half of its value as we ve seen so far but those measures won t come quick enough for those working in construction. it s large public infrastructure projects like this railway line in that will take the biggest hit argentina s central bank is holding interest rates at a punishing sixty percent to try to curb high inflation and halt the pesos slide that s making it difficult for local contractors to secure financing for projects or to buy imported materials and that means that after several years of growth in the sector jobs will have to go. after month a sector was taking on people creating jobs through twenty seventeen and into the first months of this year then in the crisis in may things changed that s when

Budget deficitCentral bankInterest ratesRailway lineHit argentina