Macroeconomy/Finance

BCRA will cover 60% of the deficit with emission

The Government revealed that the deficit of the GDP projected for 2021 would be 4.5%. It will cover 40% of the deficiency by placing debt in pesos in the local market, and the remaining 60% by the transfer of profits from the Central Bank to the Treasury.

Source: Ámbito

Categories: Macroeconomy/Finance