💨 Abstract

Economist Nicolás Gadano discusses Argentina's economic progress with CNN. The inflation rate has significantly lowered to around 2% in May, showing a positive trend. The government's removal of partial currency controls did not cause market instability. One notable challenge is sustaining this decrease in inflation. Fiscal balance is crucial, and the government aims to achieve a higher surplus. The accumulation of reserves is necessary for improving the balance of payments and exiting negative territory.

Courtesy: WTOP Staff