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‘We Were Left With Nothing.’ Argentina’s Misery Deepens in the Pandemic.
Keywords: Argentina 2021,
The situation in Argentina in April 2021. Economic growth of 7% is expected with higher prices for soyabean exports. The financial crisis with extravagant borrowing by the Macri government led to negotiations for help from the IMF. The IMF under its new head, Georgina Kristalina Georgieva, is working with governments around the world to lessen the burden of loan payments.
This report shows that the pandemic has hit working families in Buenos Aires suburbs very hard. The Peronist administration of Mr. Alberto Fernandez is making efforts to help working class families during the pandemic.
Argentina is too dependent on agricultural exports. Diversification of the economy would add stability and protect Argentina with less fluctuation in financial reserves.
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