Argentina Economy: The Week at a Glance

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Editorial: Emission, the Great Danger for the Second Semester Argentina is heading towards a primary deficit which, being conservative, will reach 5.5% of GDP but could be higher, depending on factors such as assistance to the private sector through relief programs for the pandemic effect. It will also depend on how much subsidies on energy grow and whether pensions and public wages lose their value due to inflation. Undoubtedly, a good part or all of the financing of this deficit will come from the Central Bank, either through greater distribution of profits to the Treasury, or through te