Why confidence in Argentina's economy is dwindling

on .

FMI

When a business-friendly conservative was elected president of Argentina in October 2015, hopes were high he would put the South American country's economy on a stable path.

 

Mauricio Macri promised to revive Argentina's economy and achieve "zero poverty". But less than three years later, he has unexpectedly asked for the early release of a loan from the International Monetary Fund (IMF). What has gone wrong?

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