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Today: March 13, 2025

Argentina's draft 2025 budget foresees 5% GDP growth

King cash, wary home buyers stall Argentina's zombie mortgage market revival
September 16, 2024
Reuters - Reuters

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.

(Reporting by Hernan Nessi, Writing by Daina Beth Solomon; Editing by Kim Coghill)

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