Argentina

The primary budget surplus (the fiscal balance before debt servicing costs) amounted to ARS2.21bn in August, rising by 19.9% y-o-y. The accumulated primary budget surplus for the... 2006-10-09

According to the latest polls in September, Nestor Kirchner would gain 57.4% of all votes if the elections were held today. Contrarily, Mauricio Macri and Roberto Lavagna would only... 2006-10-09

While price controls might be a short-term panacea for inflationary pressure, we believe that the controls not only camouflage the actual dynamics of inflationary pressure, but could... 2006-10-04

The Argentine Economy Ministry announced yesterday that the country is drawing up plans to sell bonds in Asia, particularly in China, Japan, Malaysia and South Korea. The ministry... 2006-09-27

Argentina's trade surplus came in at US$948mn in August and increased slightly by 1.0% m-o-m thanks to slightly stronger export growth. Yet on a year-on-year basis, the surplus experienced... 2006-09-26

The primary budget surplus (the fiscal balance before debt servicing costs) amounted to ARS2.21bn in August, rising by 19.9% y-o-y. The accumulated primary budget surplus for the... 2006-09-21

The prepayment of Argentina's debt to the Paris Club would have a positive impact on our sovereign risk ratings , potentially raising Argentina's rating from D+ to the C range.... 2006-09-20

One of Argentina's main opposition parties, the UCR, held its annual convention in August. It was a rather chaotic affair, which did little to instil confidence that the party was... 2006-09-11

Gross investment in the domestic economy grew by 22.2% y-o-y to US$4.09bn in July, accounting for 22.9% of real GDP growth. This marked an encouraging rebound following a disappointing... 2006-09-11

BMI View: Economy Minister Felisa Miceli recently highlighted the government's deliberate intervention in the foreign exchange market to keep the peso 25% below its 'natural' level.... 2006-09-11