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Argentina draft budget puts 2022 GDP growth at 4%, inflation at 33% By Reuters


© Reuters. FILE PHOTO – Pedestrians pass out-of-business shops that advertise “For Rent” signs near Buenos Aires Obelisk in Buenos Aires. This is August 20, 2021. Picture taken August 20, 2021. REUTERS/Agustin Marcarian

BUENOS AIRES (Reuters) – Argentina’s economy is predicted to grow 4% in 2022, while inflation is expected to hit 33%, according to a draft budget released just before midnight on Wednesday.

Draft must be approved by Congress. This comes after Argentina’s Peronist government was shaken on Wednesday by resignations of hard-left leaders.

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