BBVA Research: Argentina Economic Outlook. March 2024

Tendencias en la Economía Argentina
Javier Milei’s government took office aiming to have a less regulated and more market-friendly economy with the private sector as the main driver of economic growth. The core of his macroeconomic policy is to achieve fiscal equilibrium and eliminate monetary issuance to cover public spending as of 2024. Key points The new Administration has started correcting relative prices. The FX rate rose 120% in Dec-23 and has been moving at a 2% MoM pace since then. Regulated prices, such as transport and utilities,…
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