August 14, 2022
Argentines take to the streets against the economic situation in the country

Argentines take to the streets against the economic situation in the country

Groups demonstrated on Thursday (July 14) against the Fernandez government. The country is facing high inflation rates

Thousands of people took to the streets Argentina This Thursday (July 14, 2022) is a protest against the government of President Alberto Fernandez and the deteriorating economic situation in the country.

Demonstrators gathered in the streets of Buenos Aires, to begin a march on the obelisk heading to the Plaza de Mayo, near the headquarters of the Ministry of Economy. Protesters are calling on the new Economy Minister, Silvina Patakis, to provide more government aid to tackle rising inflation.

swell Argentina accelerated in june and Reached 64% in the cumulative 12-month period. a INDIC The National Institute of Statistics and Census released the data on Thursday (July 14). The protests began even before the June numbers were published.

Patakis took over the ministry on July 4 from Martin Guzman, who had been in the position since December 2019. When he announced his departure, he said he “Deep conviction and confidence” In its more moderate economic outlook.

The new minister takes office at a time of tension in Argentina. Last week, the dollar hit record levels, and there were protests by truck drivers over the country’s diesel shortage.

Agricultural producers on Wednesday (June 13) staged a strike to protest the diesel shortage and policies in rural areas. protests It affected the distribution of grain and livestock in 12 cities across the country.

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Argentina is facing fuel shortages and rising prices. Argentina’s inflation rate rose 5.3% in June. As a result, the country’s price index was 64% in the 12 month period.

Regarding fuel, diesel rare in Argentina. As a result, the government To raise prices. The scenario also affects Argentine supply chains.

In June, for example, lemon growers in the region of Bella Vista, in the Argentine province of Corrientes, in the northeast – on the border with Rio Grande do Sul – had problems with the shipment of the crop.

The shortage of diesel fuel in the country and its effects The war in Ukraine On the local economy it affected demand, raising the cost of shipping and creating a “painful scenario”, according to them. Truck drivers too Finding it difficult to find fuel And the protest In recent weeks, which also affects the harvest and marketing of agricultural production in Argentina.