Macroeconomy/Finance

Every day of quarantine the Argentine economy loses $715 million

For every day of unemployment, the economy loses $715 million in terms of activity. For the entire confinement, the estimated cost would exceed $70 billion. The measure includes the income not generated by the cessation of operations, and the levels at which the deficit and monetary emission rise.

Source: Infobae

Categories: Macroeconomy/Finance