Moody's Boosts Argentina's Credit Rating, Citing Fiscal Progress Under Milei

INSUBCONTINENT EXCLUSIVE:
public debt from 156% of GDP in 2023 to 77% in 2024
Projections suggest a further decrease to 50% by 2026
potential external vulnerabilities following the removal of exchange and capital controls
Milei
placing it among the best-performing economies since the pandemic
inflation and stimulating economic growth since taking office in December 2023
public works projects and reduced funding for provinces, education, and healthcare