The forecast came on the eve of Economy Minister Luis Caputo’s meeting with IMF’s representatives in Washington D.C.

The report states that approximately 14.2 million urban residents are below the poverty line

Monthly inflation cooled to 11% as savage government austerity takes its toll

The increases range between 150% and 500% and are expected to raise inflation

International reserve accumulation and the grains harvest have seen the parallel rate drop by more than a fifth since its December peak

The lender’s communications director also said that the government should work ‘pragmatically’ to secure political and social support

The New York judge declared the case closed and the lawsuits void. Plaintiffs have 30 days to appeal

The presidential spokesman announced a blanket suspension later contested by the Human Capital Ministry. Thousands have had their commercial activities temporarily frozen

Construction, industry, and retail commerce were among the most affected sectors