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Total durable equipment for production.

Consumption by economic sector. Transportation, storage and communication. Agriculture, Livestock, Fisheries and Forestry. Table of Contents Termination of the Offers. Rule A GZ7. The Republic may, from time to time, without the consent of holders, create and issue additional debt securities having the salya terms and conditions as any series of the New Bonds in all respects, except for issue date, issue price, original interest accrual date and the xecreto interest payment on the debt securities; providedhoweverthat any additional debt securities subsequently issued shall be issued, for U.

Despite this shift in policy, from througheconomic growth was undermined by:. Luis Caputo as Minister of Finance. All judicial appointments must be approved by two-thirds of the Senate.

Selezione tipo B Рin corso РUniversità degli Studi di Milano

Imports, primarily from Uruguay, to meet domestic demand in excess of domestic production. Decrto Government Salga bonds denominated in U. Total peso-denominated debt, increased 5. Mauricio Macri from the Cambiemos coalition being elected President of Argentina. Following years of very limited investment in the energy sector, as well as the continued freeze on electricity and natural gas tariffs since the economic crisis, Argentina began to experience energy shortages in Principal Economic Indicators of the Electricity Sector.


There can be no assurance that the peso will not depreciate or appreciate in the future. This growth was primarily driven by the increase in wholesale and retail trade and repairs and real estate, business and rental services.

Presentation of Statistical and Other Information. During the last six months ofreal GDP contraction had slowed to 6. Real GDP contraction in was primarily attributable to a 7.

Regulation of the Securities Markets. By stripping the Central Bank of its monetary discretion, the Convertibility Regime limited the use of monetary policy to stimulate the economy in response to downturns in economic activity.

These bonds are guaranteed by the Government and secured by a pledge of certain provincial tax revenues. As compared tothe primary production sector increased by 6. You may also obtain paper copies of the prospectus by contacting the Luxembourg listing agent at its address specified on the inside back cover of this prospectus. The Macri administration took steps to anchor the fiscal accounts, reducing the primary fiscal deficit by approximately 1. Dollar-Denominated Treasury Bills in connection with its financial program.

Table of Contents Preservation of Defenses.

Only fisheries showed growth during this period, increasing by 1. Table of Contents financing failed to prevent an economic slowdown and a decrease in tax revenue growth. In the event there are no such treaties, the courts of Argentina will enforce the judgment if it:. Education, Social and health services.


If the Republic decides for any reason not to accept any Bonds you have tendered for exchange, those Bonds will be returned to you without cost promptly after the expiration date. The financial services account deficit decreased by 2. Securities Act, you may incur liability under the Securities Act. Argentina is the second largest producer of natural gas and the fourth largest producer of crude oil in Latin America, based on production, according to the edition of the BP Statistical Review of World Energy, published in June The budget additionally allocates funds for investments in infrastructure projects, including:.

During the s, the Government adopted several economic plans in an effort to stabilize the economy. Private estimates of economic activity showed contractions between 2.

Capital and Financial Account.

Piden derogar el decreto de Macri que recorta las asignaciones familiares

Duringthe manufacturing sector contracted by 5. Based on existing law, the courts of Argentina will enforce such a judgment in accordance with the terms and conditions of the treaties entered into between Argentina and the country in which the judgment was issued.

You should not assume that the information in this prospectus is accurate as of any date other than the date on the front of this prospectus.