Argentina draft budget puts 2022 GDP growth at 4%, inflation at 33%

September 16, 2021

BUENOS AIRES (Reuters) – Argentina’s economy is predicted to grow 4% in 2022, while inflation is expected to hit 33%, according to a draft budget released just before midnight on Wednesday.

The draft, which must be approved by the country’s Congress, comes the same day as Argentina’s Peronist government was shaken by the resignation of several hard-left officials, signalling a rift within the ruling coalition after a bruising primary election loss.

(Reporting by Lucila Sigal, writing by Dave Sherwood; Editing by Christian Schmollinger)

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