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IMF slashes Argentina’s growth forecast over Milei’s ‘shock therapy’ ...News
The South American country’s economy is now projected to contract for a second straight year The International Monetary Fund (IMF) has revised down its economic outlook for Argentina, forecasting a second straight year of negative growth amid President Javier Milei’s push for what the IMF report calls a “significant policy adjustment” in his country. In its latest World Economic Outlook update on Tuesday, the IMF said that Argentina’s gross domestic product will contract 2.8% this year, following a 1.1% decline in 2023. Back in October, the IMF had projected 2.8% growth for the economy in 2024. According to the re
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