The debt of Argentine households reaches 17.5% and the Government rules out intervening
The delinquency rate of individuals in Argentina reached 17.5% of the total credit granted in June, according to a study by the Austral University and the consulting firm Eco Go, based on data from the Central Bank. Javier Milei's Government has ruled out intervening and maintains that the solution must come from the market.
Argentina's non-performing loans reached 17.5% of total credit in June, according to a study by Universidad Austral and Eco Go. The study found 5.3 million people out of 20.4 million with some type of credit had overdue payments of over 90 days. The total amount lent to individuals is 97.1 trillion pesos, equivalent to $64.7 billion. The Government, led by Javier Milei, has ruled out intervening and says the solution must come from the market.
Written by urgent.news from MercoPress's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
