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Fiscal tightening push in Argentina

Published 09/03/2018, 11:26 AM
Updated 09/03/2018, 11:26 AM
© Reuters.  Fiscal tightening push in Argentina
  • Argentina plans to alter the taxes charged on some commodities exports, the first in a series of fiscal measures aimed at shoring up investor confidence after the peso collapsed last week.
  • The announcement did not say whether the taxes would be raised or expanded, but the government of President Mauricio Macri is under strong pressure to increase revenue as it braces for its second recession in three years.
  • ETFs: ARGT
  • Now read: A Crucial Week Ahead For Argentina


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