Though we focus mostly on #Argentina's primary fiscal deficit (3.9% of GDP in 2017, below the government's 4.2% target), keep an eye on Argentina's net interest payments, too. Those were up to 2.2% of GDP in 2017, from 1.6%. Meanwhile, interest rates are rising.
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Also worrisome: as #Argentina's government looks to borrow $30 billion this year, investors are losing their taste for Argentine bonds, @business reports. https://www.bloomberg.com/news/articles/2018-02-09/argentina-s-100-year-bonds-plunge-as-2018-goes-from-bad-to-worse … @mauriciomacri @NicoDujovne
1:42 PM - 9 Feb 2018
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