International Podcast Podcast Report

Argentina: the economic crisis is ravaging the country

Argentina and the International Monetary Fund have started this week of new negotiations. Mauricio Macri's government wants an advance on the $ 50 billion loan that the financial institution planned to pay him gradually. Because Argentina has entered a period of deep economic and financial crisis. The country will enter this year into recession, its currency collapses on the foreign exchange market and inflation explodes. The government has adopted new austerity measures in an attempt to stem the crisis. For the Argentineans, these are very difficult months ahead.

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