Macroeconomy/Finance

Moody’s forecasts a 6% drop in Argentina’s economy by 2020

The international rating agency Moody’s adjusted its estimates for the Argentine economy on Tuesday and now expects a 6% contraction in 2020 due to the direct impact of the coronavirus pandemic. In its previous report, it had projected a drop of 2.4%.

Source: Ámbito

Categories: Macroeconomy/Finance