Hard article of the BBC: Argentina is the most indebted country of Latin America

The international media has published a report on the country's difficult economic future.

February 12, 2019

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The BBC has published a difficult article on the country's economic direction titled "The debt in Argentina: how the country became the most indebted of Latin America".

Journalist Analía Llorente He has published that "in the list of the most indebted countries of Latin America, Argentina occupies the first place". This means that "the country has reached a public debt of 77.4% of gross domestic product (GDP) in the third quarter of 2018."

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The information comes from "Preliminary Overview of the Economies of Latin America and the Caribbean" of the Economic Commission for Latin America and the Caribbean (ECLAC) ", where the percentage badyzed includes the first disbursement of the International Monetary Fund (IMF) loan of US $ 15,000 million last June.

However, the BBC explains that "We expect the country's debt will continue to increase because of the upcoming loans that it will receive from the international organization."

Among the factors that generated this debt areThe budget deficit very important, a depreciating exchange rate continues and the sharp rise in inflation. Below, Brazil, Brazil, Costa Rica, El Salvador, Uruguay, Colombia and Honduras. The country with the lowest public debt is Paraguay.