"Driven by numerous structural reforms, the positive evolution of financial markets in Argentina continues, although challenges persist in the foreign exchange market", the BdE considers.
"Among the main actions undertaken by the Government in the field of economic deregulation last year are the liberalization of the rental market, the flexibilization of the labor market, and the partial deregulation of international trade, as well as the approval of a law that favors investments in some sectors of the economy, such as mining", it details.
Regarding economic recovery and spending adjustment, they explain that "in the second half of 2024 a restructuring of the public sector at the national level began. In this context, there has also been an improvement in financial variables".
"The gap between the official and parallel exchange rates has been considerably reduced and the Argentine central bank has resumed accumulating international reserves", concludes the analysis on Latin American economies by the BdE.
