According to the latest World Economic Outlook report released Tuesday by the World Bank from its headquarters in Washington DC, Argentina s economy is expected to fall sharply this year, thus becoming the Latin American country going through the tightest contraction in the region before rebounding in 2025. The study projected a 3.5% drop this year followed by a 5% surge in 2025, thus outperforming the rest of the continent.
Francos takes over as Argentine Cabinet Chief in lieu of Posse mercopress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mercopress.com Daily Mail and Mail on Sunday newspapers.
International Monetary Fund (IMF) Spokeswoman Julie Kozack said that Argentina needed to lift the exchange rate ceiling if the government were to protect the country s Central Bank reserves. Kozack s remarks during a press conference came a day after Economy Minister Luis Toto Caputo announced that the South American nation was on course to dollarization.
Argentina passes IMF test with flying colors, will get US$ 800mn mercopress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mercopress.com Daily Mail and Mail on Sunday newspapers.
Argentine President Javier Milei arrived in Los Angeles Sunday to participate at Milken Institute s global conference too be staged Monday at the Hilton Hotel in Beverly Hills bringing together a series of world political and business leaders. It is Milei s fourth trip to the United States since winning the elections and third since he took office.