الأربعاء، 2 نوفمبر 2016

How much debt it increased since Argentina Mauricio Macri took office and why can become its Achilles heel

In Argentina, a large and increasingly diverse group of economists and politicians are concerned about the unprecedented levels of debt that has reached the government of Mauricio Macri, a month after completing one year in power.
This nervousness contrasts with the enthusiasm felt in some circles and the media, celebrating with phrases like "do not finish as Venezuela," the shift from the "populist" policies of the government of Cristina Fernandez de Kirchner.
With the change in shape and some concrete measures such as setting utility rates, negotiate with the opposition and seek more transparency in the numbers-Macri managed to generate enough internal and external confidence to pay a debt of US $ 9,300 million with bondholders .
3 figures improved and 3 worsened in Argentina since he came to power Mauricio Macri
With that, Argentina returned to international markets after 15 years. And yes it has taken.
In these 11 months, government, provinces and Argentine banks have received US $ 40,000 million in loans, bringing public debt is nearly US $ 200,000 million, representing almost 30% of gross domestic product (GDP).
3 major obstacles to Argentina "again become part of the world"
The numbers are alarming to some economists; not for what they reveal itself, because Argentina Latin American levels remains one of the least indebted countries.
What they fear, rather, it is that the "rain of dollars" to roll back all the "good" they consider has been done to reduce inflation, reduce the deficit and restore growth.

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