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Argentina’s government projects 4% growth and 33% inflation in 2022

RIO DE JANEIRO, BRAZIL - The Argentine government projects economic growth of 4% and inflation of 33% in 2022, according to the budget submitted to Congress on Wednesday (15) after a day marked by crisis in president Alberto Fernández's cabinet.

The budget bill, which must be passed by Congress, excludes capital payments to the International Monetary Fund (IMF) for a US$44 billion debt still pending renegotiation. On September 22, Argentina must pay the IMF US$1.9 billion in principal and another US$1.9 billion in December.

The draft submitted by Economy Minister Martín Guzmán . . .

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