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Argentina still neck deep in crisis. $50bn loan from IMF, inflation at 30%, currency value lost, high dollar denominated debts, dwindling reserves, investors worried, job losses, protests everywhere.
aljazeera.com/news/2018/09/a…
aljazeera.com/news/2018/09/a…
Macri the 'market friendly' president floated the Peso, like a kite in the sky, the Peso is out of his control and it has continued to tumble. Inflation has continued to soar amidst huge debts. All his market friendly errconomic policies have capitulated.
bloomberg.com/news/articles/…
bloomberg.com/news/articles/…
The same advise that was given to Nigeria by IMF and several errconomists when our economy slipped into recession.
One day we will look for Kemi Adeosun where ever she is and give her the credit she deserves.
One day we will look for Kemi Adeosun where ever she is and give her the credit she deserves.
Nigeria - no IMF loan, currency stable, inflation down for consecutive months and approaching single digit, foreign reserves rising, import bill reduced substantially, economy on the path of growth, Agric and Local production on a steady rise.
Deal with this truth for now.
Deal with this truth for now.
