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Sunday, December 18, 2016

Moody'a Says Macri's Reforms Set Stage For Argentina's Revival

Moody's says Macri's reforms set stage for Argentina's economic revival


Dec 15 Moody's:
* Moody's says Macri's reforms set stage for Argentina's economic revival, but imbalances persist
* Moody's on Argentina says government has increased fiscal transparency, given central bank greater autonomy
* Moody's says for Argentina's provinces, rising federal transfers will provide relief from financial stress
* Moody's on Argentina says banks profitability will suffer and capital may decline as inflation declines and real funding costs rise
* Moody's on Argentina says government's tariff reforms will improve the operating efficiency of the electricity sector
* Moody's on Argentina - for banks, the expected economic recovery and market-friendly policies will create new lending opportunities