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Economic news

Argentina’s draft 2025 budget foresees 5% GDP growth

09/15/2024

Less than a minute

2024.09.15 22:33

© Reuters. Argentina's Economy Minister Luis Caputo is pictured on the day President Javier Milei presents the fiscal year 2025 budget, at the National Congress in Buenos Aires, Argentina, September 15, 2024. REUTERS/Agustin Marcarian

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.

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09/15/2024

Less than a minute