• Contact
  • Privacy Policy
Blacksonrise.com
DONATE
  • Consultation EST
  • Herbs
  • Group Training
  • Videos
  • Spiritual Detox
  • Ecourses
  • Client Area
    • Course Login
    • Video Login
    • LogOut
No Result
View All Result
  • Consultation EST
  • Herbs
  • Group Training
  • Videos
  • Spiritual Detox
  • Ecourses
  • Client Area
    • Course Login
    • Video Login
    • LogOut
No Result
View All Result
Blacksonrise.com
No Result
View All Result

Argentina’s pandemic-hit economy seen shrinking 9.5% this year: central bank poll – SABC News

blacksonrise by blacksonrise
June 6, 2020
in Uncategorized
0
Argentina’s pandemic-hit economy seen shrinking 9.5% this year: central bank poll – SABC News
0
SHARES
74
VIEWS
Share on FacebookShare on Twitter

Argentina’s economy is seen shrinking 9.5% in 2020, according to a monthly poll of analysts by the central bank released on Friday, compared with an estimated 7% decline in the previous survey, as activity gets walloped by a nationwide lockdown against the coronavirus pandemic.

The poll came out a day after Latin America’s No. 3 economy reported that industrial output crashed 33.5% in April from the same month last year. The central bank poll of 40 analysts projected that inflation will be 43.3% this year. The grim economic picture comes as Argentina tries to restructure about $65 billion in debt after defaulting on its sovereign bonds last month.

Striking a deal is key for the country to avoid years of legal battles and being locked out of global capital markets, which happened after a major default in 2001. Argentina’s construction sector plummeted 75.6% in April from April 2019, government data showed on Thursday.

Credit: Source link

Previous Post

103 Passengers Arrive from Fiji and Vanuatu EMTV Online

Next Post

Comair announces plans to halve its fleet - SABC News

Next Post
Comair announces plans to halve its fleet – SABC News

Comair announces plans to halve its fleet - SABC News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT

HOT Updates

No Content Available

BlackSonRise.com is an online news portal which aims to provide Caribbean News, African News, Business and much more stuff like that. Feel free to get in touch with us!

Follow us on social media:

Recent News

  • Eyewitness: Christmas Eve… | INews Guyana
  • UK stocks edge higher in muted holiday trading – SABC News
  • History repeats for NYCFC against Costa Rican debutant

Subscribe NOW

Loading
  • Contact
  • Privacy Policy

© 2019 Blacksonrise.com is an online news, e-learning, and business website that caters to the global black community.

No Result
View All Result
  • Consultation EST
  • Herbs
  • Group Training
  • Videos
  • Spiritual Detox
  • Ecourses
  • Client Area
    • Course Login
    • Video Login
    • LogOut

© 2019 Blacksonrise.com is an online news, e-learning, and business website that caters to the global black community.

USD $
  • USD USD $
  • EUR EUR €
  • GBP GBP £