Monetary assistance reached 8.2% of GDP in 2020

According to government estimates, the measures implemented to contain the adverse effects of covid-19 were equivalent to 4.9% of GDP. It forced the national administration to seek financing and, although it bet on public debt placements in the local market, a large part came from the Central Bank's monetary assistance: the entity turned over 8.2% of the GDP to the Treasury.

The Argentine startup Satellogic will launch satellites with the company Space X

Satellogic, a young Argentine technology-oriented aerospace business, closed a deal with Elon Musk's Space X to put four nanosatellites into orbit on a Falcon 9 starting in June. The aim is to build a constellation of 300 satellites, all of them manufactured by the company. The company was created in 2010 and has already received $120 million investments and is shaping up to be a unicorn. To date, it has launched 21 low-cost nanosatellites and plans to triple that number by 2023.