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BecauseInflationand other factors, soArgentinaVery poor.
Since 2012, affected by the international economic and financial situation, Argentina's economic growth has slowed down significantly, with high inflation, depreciation of the local currency, and foreign exchange reserves.
Decline. Since the beginning of 2014, the macroeconomic situation has improved by relaxing foreign exchange controls, raising interest rates, and reducing financial subsidies.
In July 2014, the debt negotiations between A** and the "vulture" failed, and A** fell into a technical debt default. After Macri came to power, he introduced measures such as abolishing foreign exchange controls, relaxing import and export controls, and resolving the "vulture" debt dispute and returning to the international capital market. In 2018, the economic and financial situation in Afghanistan fluctuated sharply many times.
** vigorously implement austerity policies and obtain the International Monetary Organization **.
Aid loan support. In August 2019, the financial situation in Afghanistan fluctuated sharply again. Fernandez.
** After taking office, a series of reform measures were introduced, and solving the debt problem was a priority.
In August 2020, Argentina** reached an agreement with major creditors on a US$66.2 billion external debt restructuring. Affected by the new coronavirus.
The impact of the epidemic has increased the downward pressure on the economy of Afghanistan.
Resources:
Argentina is rich in mineral resources and is Latin American.
One of the major mining countries. The main mineral resources are oil, natural gas, copper, gold, uranium, lead, zinc, borate, clay, etc., most of which are located in Chile and Bolivia.
Near the border of the Andes. However, the level of mineral development is low, and it is estimated that about 75% of the resource has not yet been explored and developed.
The proven reserves are: 100 million cubic meters of oil, 100 million cubic meters of natural gas, trillions of cubic meters of shale gas, 27 billion barrels of shale oil, 100 million tons of coal, 300 million tons of iron, and 7,080 tons of uranium. Abundant water and fishery resources.
The forest area is 10,000 square kilometers and the forest coverage rate is high.
The above content refers to Encyclopedia - Argentina.
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Historically, Argentina was sanctioned by the United States.
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Argentina is not very poor, it is the second largest country in South America, and its per capita income is relatively high. However, Argentina's economic development has not been stable and has been in economic difficulties in recent years.
Argentina's economic woes are due to a variety of reasons, one of the important ones being the frequent currency devaluations and inflation in Argentina. Argentina's monetary policy has been unstable, with currency depreciation and inflation frequent, leading to economic instability.
In addition, Argentina's exports are also a problem. Argentina's economy is mainly dependent on exports, however, the export market in Argentina has not been very stable due to the instability of the global economy.
In addition, there are other problems in Argentina, such as the large gap between the rich and the poor, and the prominent contradictions between the social and banking chambers. These problems have also had an impact on Argentina's economic development.
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