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Argentina’s Milei says IMF deal will wipe out inflation
Gulf Today
|March 10, 2025
Argentine President Javier Milei says that a new agreement with the IMF will clean up the accounts of the country’s central bank and wipe out inflation.
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In an op-ed published on Saturday in the daily La Nacion, the flamboyant libertarian said the impending deal would allow the government to pay off its debts to the bank.
The president blamed Argentina's persistently high inflation rate on an excess money supply partly caused by the deterioration of central bank (BCRA) assets.
Dit verhaal komt uit de March 10, 2025-editie van Gulf Today.
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