Argentina will be the only G20 country whose economy will contract in 2024 – this is the assessment of the Moody’s ratings agency, which predicts a contraction in economic activity of five percent this year. The new forecast is a doubling of the pessimism issued by the credit rating, research, and risk analysis firm in November last year, when it saw a 2.5-percent decline during the first year of Javier Milei’s term.

March 5, 2024 

SOURCE: BUENOS AIRES TIMES

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https://www.batimes.com.ar/news/economy/moodys-says-argentina-will-be-only-g20-country-to-sustain-a-fall-this-year.phtml

By Nicolas

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