Javier Milei’s 2025 budget presentation has ignited positive reactions in international markets. Risk indicators suggest increased confidence in the current administration’s financial responsibility, encouraging foreign investment in Argentina.Debt securities also saw a significant boost, with values rising by almost 2%. This uptick indicates heightened investor confidence in Argentina’s ability to meet its financial obligations.The Argentine president’s economic proposal projects an annual inflation rate of 18.3% and aims for fiscal balance. It anticipates GDP growth of 5% in 2026, followed by a 5.5% increase in 2027.
September 17, 2024
SOURCE: RIO TIMES
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