Argentina’s Energy Sector Challenges
In an interview with Benjamin Gedan, director of the Wilson Center’s Argentina Project, Lisa Viscidi discusses the current conditions and outlook for three key components of the Argentine energy sector.
In an interview with Benjamin Gedan, director of the Wilson Center’s Argentina Project, Lisa Viscidi discusses the current conditions and outlook for three key components of the Argentine energy sector.
Once again, Argentina has become synonymous with crisis. The Argentine peso has already lost half of its value against the dollar this year, and the economy is projected to contract by at least 2 percent while inflation reaches 40 percent. Beleaguered President Mauricio Macri is asking the International Monetary Fund for additional assistant, only three months after finalizing a loan agreement. Not surprisingly, Macri’s domestic popularity has suffered, weakening his re-election prospects next year.