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Argentina’s Stalemate Ends With Half Measures | Argentina News
Argentina’s Congress breaks a two-month deadlock with two bills—one tweaking a tax amnesty and the other tweaking the Central Bank’s charter to boost independence—but neither delivers the structural reforms the country desperately needs. The Central Bank changes mostly undo past loopholes, blocking direct deficit financing while leaving a backdoor for public debt bonds, and making it harder to remove leadership. Meanwhile, the tax amnesty brings in some cash but risks fueling evasion, especially as millions grapple with unmanageable debt amid soaring interest rates. With major reforms on hold…
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