net increase of USD 19 billion
with its sovereign credit rating upgraded by two notches to CCC. Foreign exchange reserves saw a net increase of USD 19 billion this year. As investor confidence in the Argentine market grew and a plan to forgive depositors’ debts was implemented, the government successfully attracted nearly USD 20 billion in dollar deposits back into local banks At the same time, the Milei government successfully avoided street protests caused by a surge in poverty by protecting and even expanding certain welfare programs, with the strengthening of fiscal capacity being an important foundation. This allowed the government to effectively address the short-term spike สล็อต