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Public finances: Shutdown instead of deficit: Milei wants to chain Argentina's policy to hard fiscal rules

With a reform of the central bank and new fiscal rules, Milei is securing his policy beyond his own term in office. Anyone who does not comply with this will lose their salary as a politician in the future.

Translated from German Read in German

Public finances: Shutdown instead of deficit: Milei wants to chain Argentina's policy to hard fiscal rules

We haven't written up this one. Handelsblatt has the full story — the link below goes straight to it.

Read the original at handelsblatt.com →

More in Finance & Markets

OPay swings to profit in FY2025 as revenue surges 161% to $536.3 million

African fintech company OPay Limited swung to a net profit of $72.47 million in FY2025 from a $50.98 million loss in FY2024.

  • OPay turned profitable in FY2025, reversing a loss from the previous year
  • Revenue increased 161% to $536.3 million, driven by transaction volumes and user growth
  • Lending saw 285% growth, with new loans reaching $938.3 million and unique borrowers doubling

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