No menu items!

Moody’s warns of Argentine provincial debt restructuring risk

The risk rating agency Moody's warned this Friday about the risk of restructuring the Argentine provincial debt.

In 2022 the economy will close with a growth close to 4.4%, according to different projections, but by 2023, the slowdown will reduce growth to 0.5%, according to the Organization for Economic Cooperation and Development (OECD).

This weakening in economic growth will have, among other repercussions, an impact on the fiscal soundness of Argentine local governments, as analyzed by the credit rating agency Moody's, in a report published this Friday, which suggests that this slowdown will reduce the income . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content