Today.Az » World news » Argentine government predicts 3.5% drop in GDP by end of 2024
05 July 2024 [23:30] - Today.Az
By Alimat Aliyeva The government of Argentina predicts that the country's gross domestic product (GDP) will fall by 3.5% by the end of 2024, inflation will be less than 130% in annual terms, Azernews reports. According to the authorities, the level of consumption by the end of the year will fall by 6.6%, investments - by 17.2%, imports - by 17.7%. At the same time, the government expects exports to grow by 20.9%. The official dollar exchange rate will rise to 1,016 pesos, today it is 954.1 pesos.
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