The government promised bondholders 7% growth and a deficit of less than 4.5%

The Government announces in New York that Argentina will grow almost 7% this year, and the fiscal deficit will be below 3% instead of 4.5% of GDP. They will obtain the latter result due to an improvement in tax collection of more than 10 points above inflation. On the other hand, reserves will increase this year by almost $6 billion, and there will be no exchange rate changes.

Source: Ámbito