The report it also pointed out that there is scope to reduce the fiscal pressure on the companies, through a system collection more efficient, although it felt that the authorities have little fiscal space to promote growth due to the large budget deficit, so he called to the announced fiscal consolidation is “gradual” to avoid having social impact. “The current economic contraction that is suffering Argentina responds, also, to the weakened external demand and low price global of basic agricultural commodities and, in particular, to the deep recession in Brazil, which has had an impact on exports, especially in the automotive sector,” said the report.
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