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Argentina: Notes On Fiscal Deficit, Privatization Actions

LADB Article ID: 069867
Category/Department: General
Date: Tuesday, August 28, 1990
By: Barbara Khol

By year-end 1989, the fiscal deficit was equivalent to 17% of GDP. More than half the deficit was accumulated by the Central Bank, and the remainder by state-owned companies. According to AFP, in January the Bank's deficit was liquidated by gove...

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