Ecolatina forecasts 1.6% drop in Argentine GDP

Ecolatina estimates that the Argentine GDP will fall 1.6% in 2020, in its third consecutive year of contraction. An improvement in economic activity during “the second part of the year” that will depend primarily on how debt restructuring is resolved, “will not compensate for the fall of the first half, also affected by the negative results of 2019,” says the consultant company co-founded by economist Roberto Lavagna.

Source: Ámbito