Argentina's draft 2025 budget foresees 5% GDP growth
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Argentina's Economy Minister Luis Caputo is pictured on the day President Javier Milei presents the fiscal year 2025 budget, at the National Congress in Buenos Aires, Argentina, September 15, 2024. REUTERS/Agustin Marcarian
BUENOS AIRES (Reuters) - The draft of Argentina's 2025 budget foresees the economy expanding 5% and the primary fiscal surplus representing 1.3% of gross domestic product, according to a summary document issued by the Economy Ministry on Sunday.
The draft budget also projects inflation of 18.3% and for the exchange rate to reach 1,207 pesos per dollar by the end of the year.
(Reporting by Hernan Nessi, Writing by Daina Beth Solomon; Editing by Kim Coghill)
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