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Argentina’s draft 2025 budget foresees 5% GDP growth

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September 16, 2024
in Stock
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Argentina’s draft 2025 budget foresees 5% GDP growth

BUENOS AIRES (Reuters) – The draft of Argentina’s 2025 budget foresees the economy expanding 5% and the primary fiscal surplus representing 1.3% of gross domestic product, according to a summary document issued by the Economy Ministry on Sunday.

The draft budget also projects inflation of 18.3% and for the exchange rate to reach 1,207 pesos per dollar by the end of the year.

This post appeared first on investing.com
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