Financial Times on Nostr: Live news: Argentina’s economy expands for first time under Milei ========== ...
Live news: Argentina’s economy expands for first time under Milei
==========
Argentina’s economy expanded by 1.3% in May compared to April, marking the first expansion since libertarian president Javier Milei took office in December; The economy had fallen into a severe recession last year and activity continued to decline in 2024 due to public spending cuts; May's rebound was driven by increases in activity in exporting sectors like agriculture and mining, while sectors reliant on domestic consumer spending continued to contract.
#Argentina #Economy #Expansion #JavierMilei
https://www.ft.com/content/9457f44b-7b6e-473e-bbb6-8b1f381d458b
==========
Argentina’s economy expanded by 1.3% in May compared to April, marking the first expansion since libertarian president Javier Milei took office in December; The economy had fallen into a severe recession last year and activity continued to decline in 2024 due to public spending cuts; May's rebound was driven by increases in activity in exporting sectors like agriculture and mining, while sectors reliant on domestic consumer spending continued to contract.
#Argentina #Economy #Expansion #JavierMilei
https://www.ft.com/content/9457f44b-7b6e-473e-bbb6-8b1f381d458b