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Entries with Keyword deficit

President Mauricio Macri got personally involved in the conflict between unions of Aerolíneas Argentinas workers and the state-run company following an unannounced strike that started early this morning and, at the time this article is being written, has led to

Gradualism has definitively come to an end. As part of emergency moves aimed at stabilising the peso and calming the markets, the Argentine Government has introduced dramatic measures that they hope will slash the mounting fiscal deficit. After first announcing …

Unless you’ve been living under a rock recently or simply haciendo como el avestruz (who can blame you), you may have noticed that Argentina’s economy really isn’t doing too well at the moment. In a desperate effort to reduce the …

A report published by Argentina’s Central Bank showed that the deficit in the tourism sector has decreased by 33 percent in June, due in large part to the devaluation of the peso. However, this new reality hasn’t completely discouraged tourism …

New numbers have just been released for Argentina’s trade balance from last month. Just like April 2018, they are not good, and in fact have gotten worse. In the previous month, Argentina exported US $5.16 billion, while importing US …

The government has announced that it has overachieved in its efforts to reduce the primary deficit, with the numbers for 2017 showing that it was 3.9 percent of the Gross Domestic Product (GDP), and considering that the target for 2017 …

Isela Costantini resigned from her post as CEO of Aerolíneas Argentinas today. La Nación reported that, according to “qualified sources” within the airline, the decision to leave the airline was made for “personal reasons.” Constantini was appointed by President Mauricio …