Summary
In Argentina, many people are taking loans to buy basic necessities like food, despite having full-time jobs. The country's economy has seen uneven growth, with President Javier Milei's economic measures reducing inflation but also leading to stagnant salaries and business closures.
Key Facts
- Many Argentinians are using loans, credit cards, and selling items to afford basic needs.
- About 63% of people have reduced spending on activities or services to save money.
- President Javier Milei enacted economic policies to balance fiscal budgets and build currency reserves.
- The International Monetary Fund supports Milei's economic plan, predicting future growth.
- Economic growth in Argentina is uneven, with some sectors growing while others decline.
- Inflation has decreased, but some people criticize the methods used to achieve this.
- Critics argue the current inflation measurement method does not reflect real spending habits.