Argentina's new economic "super minister" pledged Wednesday to respect the crisis-wracked country's commitment with the IMF to reduce its public deficit to 2.5 percent this year.
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New Argentine Economy Minister Sergio Massa speaks during a press conference at the Economy Ministry headquarters in Buenos Aires, on August 3, 2022. - The new Minister of Economy, Sergio Massa, is not an economist but a lawyer, a skilful negotiator and a leading politician, appointed as a storm pilot to avoid capsizing in the midst of a foreign exchange and inflation storm. -- Photo: Luis Robayo / AFP
2022-08-04 11:06:11
Argentina's new economic "super minister" pledged 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 Argentina's long-running negotiations with the International Monetary Fund to restructure a $44 billion debt, authorities had agreed to progressively reduce the public deficit from three percent in 2021 to 0.9 percent by 2024.
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