Argentina relaunches installment purchase plan to reactivate domestic consumption

President Fernández acknowledged that Argentina has gone through "the worst two years of its history", pointing out the inheritance "full of economic problems, where the debt continues to be a dreadful backpack."

RIO DE JANEIRO, BRAZIL - The Argentine government relaunched on Monday a financing program from 3 to 30 installments to encourage domestic consumption and national production in the coming months, amid the long crisis affecting the country since 2018.

"It is a virtuous circle that we are setting in motion," said President Alberto Fernández at the presentation ceremony, pointing out "the possibility that there may be more Argentines who consume" because thus "there is going to be a domestic market that expands, and in that expansion, the entrepreneurs who invest", "those who work" and "those who consume" will gain.

The . . .

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