Over the past year, I have often said that whoever wins Argentina’s Oct. 25 elections, including government candidate Daniel Scioli, will be much better than outgoing President Cristina Fernández. But after interviewing Scioli this week, I’m less optimistic about Argentina’s post-election future.
During the interview from his office in Buenos Aires, Scioli — the current front-runner in the polls — didn’t depart one inch from the Fernández government’s far—fetched narrative claiming that the country is doing great, and doing better every day. In fact, all international indicators show the opposite.
According to the International Monetary Fund (IMF), the World Bank, the United Nations and the world’s biggest private banks, Argentina has — alongside Venezuela — Latin America’s highest inflation rate, and one of the region’s lowest economic growth rates.
This year, Argentina’s economy is projected to shrink by 0.3 percent, and inflation is expected to rise above 20 percent, according to IMF projections. And these IMF figures, dating from April 29, are expected to worsen following China’s financial problems in recent days.
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Etiquetas: argentina, Cristina Kirchner, Daniel Scioli, Presidential elections Argentina 2015
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