The political uncertainty and inflation running at nearly 51% has put up a barrier to finishing renewable energy projects in development in Argentina, like the Vecaso solar park in Mendoza as well as planned expansions in Jujuy province, already home to South America’s largest solar farm.
Between December 2015 and September 2019, the net increase in public debt in foreign currency was $ 103.8 billion and the risk capital flight was $ 93.66 billion, according to a report from the CTA Research and Training Center (Cifra- CTA).
Anticipated purchases of corn from the new campaign reached almost 13 million tons and exceeded three times the average acquisition on the same date of the last three cycles, the Rosario Stock Exchange (BCR) reported.
entina’s president-elect, Alberto Fernandez, has a “sustainable” plan to meet creditor obligations as well as maintain growth, he told the International Monetary Fund’s managing director Kristalina Georgieva. On Tuesday, Fernandez told Georgieva there was no room for more fiscal adjustment due to an “enormously complex domestic economic situation”, his office said in a statement.