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Lack of investment has been the key problem to the success of Mauricio Macri’s economic plan |
President Mauricio Macri is pushing ahead with his attempts to reform the Argentine economy after his strong performance in the country’s mid-term elections.
The government’s proposed tax reform is the central policy driver for this economic improvement and, while analysts say it could invigorate growth, it could also complicate his finance team’s attempts to shrink the fiscal budget.
It also has some negative impacts for the profitability of Argentina’s banks.
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