By Eliana Raszewski BUENOS AIRES (Reuters) - Argentina's economy ministry on Sunday announced a series of benefits for workers and pensioners intended ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOSBUENOS AIRES - Argentina's economy ministry on Sunday announced a series of benefits for workers and pensioners intended to soften the blow of a severe economic crisis which has seen inflation spiral and the government devalue the country's currency.
Massa, who is also the ruling party's presidential candidate for the Oct. 22 elections, will face ultra-libertarian outsider Javier Milei whose support from disillusioned voters have propelled him to victory in a primary vote this month. He also announced a suspension of export taxes for some industrialized regional goods such as wine, rice and tobacco, as well as funding for fertilizers to help farmers whose last harvest suffered from a historic drought.The move comes two weeks after the government devalued the peso by nearly 20%, accelerating annual inflation which already was hovering around 115% as Argentines saw their purchasing power dwindle yet further.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Argentina offers financial aid to crisis-hit workers and pensionersArgentina's economy ministry on Sunday announced a series of benefits for workers and pensioners intended to soften the blow of a severe economic crisis which has seen inflation spiral and the government devalue the country's currency. The government will give nearly 7.5 million pensioners a package of 37,000 pesos (around $105 at the current official exchange rate) over the next three months, Economy Minister Sergio Massa said in part of a series of messages on his Instagram account. Massa, who is also the ruling party's presidential candidate for the Oct. 22 elections, will face ultra-libertarian outsider Javier Milei whose support from disillusioned voters have propelled him to victory in a primary vote this month.
Lire la suite »
'Coldplay dollar' and 'Qatar dollar' highlight Argentina's bizarre currency system as it weighs ditching the pesoThere are more than a dozen different peso-dollar exchange rates that are meant to stem outflows of the greenback.
Lire la suite »
Back-to-school: Parents offer tips on how they save during annual shopping spreeA new survey found 46 per cent of Canadians are more worried about their finances during this back-to-school season than in previous years.
Lire la suite »
Veritas is considering takeover offer for BlackBerryPrivate equity firm Veritas Capital is considering a potential offer for BlackBerry Ltd., according to people familiar with the matter, after the once iconic Canadian technology company announced a strategic review earlier in the year.
Lire la suite »
Sandra Richardson: Charities offer vital summer programsFree or low-cost offerings bring vibrancy to the community
Lire la suite »
Cambrian program brings small engine repair to remote communityPartnership between Cambrian College and the Hishkoonikun Education Authority in Kashechewan offer courses in small engine repair to students along
Lire la suite »