Argentina’s draft 2025 budget foresees 5% GDP growth

BUENOS AIRES (Reuters) – The draft of Argentina’s 2025 budget foresees the economy expanding 5% and the primary fiscal surplus representing 1.3% of gross domestic product, according to a summary document issued by the Economy Ministry on Sunday.

The draft budget also projects inflation of 18.3% and for the exchange rate to reach 1,207 pesos per dollar by the end of the year.

(Reporting by Hernan Nessi, Writing by Daina Beth Solomon; Editing by Kim Coghill)