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In Argentina, Mauricio Macri's dying government mimics its opponents
Keywords: Argentina, Macri,
Argentina imposes currency controls as the economic crisis worsens. The peso has lost 25% of its value and inflation is at 50%. A $57 billion IMF loan has failed to restore confidence. President Macri came into office abolishing currency controls, now he is compelled to reverse his policy. Macri also said the government will delay $7 billion in debt repayments. Argentina is back to the frequent economic crises it has faced since 1945. Macri's loss in primary elections to Mr. Fernandez of the Peronist Party has changed the situation in Argentina ending the Macri administration's period in office by December.
Argentina's economic crisis in 2019 and mismanagement of the economy under president Macri
05/11/2019
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In Argentina, Mauricio Macri's dying government mimics its opponents
The Economist 09/06/2019
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