FOREX TradingCharts.com

Financial News: ARGENTINA: Minister To Present Spending Freeze Bill In

ARGENTINA: Minister To Present Spending Freeze Bill In Congress

09/14/2017 - 16:00:00 (RTTNews)

(RTTNews) - Argentina's Finance Minister Nicolás Dujovne will present a Fiscal Responsibility Bill to the Congress, for the purpose of reducing the budget imbalance in the country.

The Fiscal Responsibility Bill was developed by the national government and agreed with the provinces to control public expenditure in all jurisdictions.

The bill establishes that the provinces will not be able to increase the public expense above the inflation, which implies a spending freeze, in real terms.

The project aims to guarantee the fiscal solvency of the national and provincial public accounts and to reduce the primary deficit in the general budget to 3.2% of the Gross Domestic Product (GDP) in 2018 and 2.2% in 2019.

The most recent data shows that from January until July the Argentinean government primary deficit was at 1.7% of the GDP. The fiscal target for this year is a primary deficit of 4.2% of the country's GDP.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Japan Leading Index Falls Less Than Estimated In July (53 min(s), 11 sec(s) ago)
(RTTNews) - Japan's leading index decreased less than initially estimated in July, latest data ...Full Story»

European Economics Preview: Germany's Ifo Business Confidence Data Due (01 hr(s), 32 min(s), 11 sec(s) ago)
(RTTNews) - Business sentiment from Germany is due on Monday, headlining a light day for the Europ ...Full Story»

COLOMBIA: Colcap Rises 0.15% On Bancolombia And Avianca (47 min(s), 49 sec(s) ago)
(RTTNews) - Colcap, the main index of the Colombian Stock Exchange, rose 0.15% to close at 1,486.1 ...Full Story»

Japan Manufacturing PMI Rises 52.6 In September - Nikkei (40 min(s), 49 sec(s) ago)
(RTTNews) - The manufacturing sector in Japan continued to expand in September, and at a faster ra ...Full Story»

BRAZIL: Ibovespa Falls For Second Day, Down For The Week (16 min(s), 49 sec(s) ago)
(RTTNews) - Ibovespa, the benchmark stock index in Brazil, closed down for the second consecutive ...Full Story»

ARGENTINA: Merval Hits Record Record Closing High, Led By Mirgor Boost (04 min(s), 49 sec(s) ago)
(RTTNews) - Merval, the main index of the Buenos Aires Stock Exchange, rose 1.73% to settle at 25, ...Full Story»

VENEZUELA: Constituent Assembly Calls Up Anti-imperialist Front Against U.S. (37 min(s), 49 sec(s) ago)
(RTTNews) - The Venezuelan government will analyze the creation of an anti-imperialist Patriotic F ...Full Story»

Malaysia Shares Likely To Remain Rangebound (25 min(s), 49 sec(s) ago)
(RTTNews) - Ahead of the long holiday weekend, the Malaysia stock market has finished lower in fou ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Japan Leading Index Falls Less Than Estimated In July

09/25/2017 - 01:12 AM (RTTNews)
(RTTNews) - Japan's leading index decreased less than initially estimated in July, latest data ...Full Story>>

European Economics Preview: Germany's Ifo Business Confidence Data Due

09/25/2017 - 00:33 AM (RTTNews)
(RTTNews) - Business sentiment from Germany is due on Monday, headlining a light day for the Europ ...Full Story>>

COLOMBIA: Colcap Rises 0.15% On Bancolombia And Avianca

09/24/2017 - 20:53 PM (RTTNews)
(RTTNews) - Colcap, the main index of the Colombian Stock Exchange, rose 0.15% to close at 1,486.1 ...Full Story>>

Japan Manufacturing PMI Rises 52.6 In September - Nikkei

09/24/2017 - 20:46 PM (RTTNews)
(RTTNews) - The manufacturing sector in Japan continued to expand in September, and at a faster ra ...Full Story>>

BRAZIL: Ibovespa Falls For Second Day, Down For The Week

09/24/2017 - 20:22 PM (RTTNews)
(RTTNews) - Ibovespa, the benchmark stock index in Brazil, closed down for the second consecutive ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.