Argentina s Superminister of Economy, Industry and Agriculture Sergio Massa reached an agreement with oil companies whereby fuel joins the list of care-for prices. Hence, the price at pumps may not go up above a 4% monthly ceiling until March, it was announced in Buenos Aires.
Argentina s Superminister of Economy, Industry, and Agriculture Sergio Massa is counting on an agreement to be signed with the United States shortly to detect undeclared bank accounts abroad which would allow holders to evade taxes.
Argentina’s new economic “super minister” pledged on Wednesday to respect the crisis-wracked country’s commitment with the IMF to reduce its public deficit to 2.5 percent this year.
As part of the Latin American nation’s long-running negotiations with the IMF to restructure a US$44 billion debt, authorities had agreed to progressively reduce the public deficit from 3 percent last year to 0.9 percent by 2024.
“We will meet the goal of the 2.5 percent primary fiscal deficit. We will make the necessary corrections to comply with our word,” Argentine Minister of Economy, Production and Agriculture Sergio Massa said in an announcement of his