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Bad Loans Threaten Argentina’s Next Engine of Economic Growth

Bloomberg Markets Wednesday 22 July 2026, 14:45 UTC By David Feliba 1 min read
Key Points

Bad Loans Threaten Argentina’s Next Engine of Economic Growth Bad loans keep piling up in Argentina, dashing hopes that the economic pain unleashed by President Javier Milei’s harsh austerity program had already crested. Milei has slashed inflation from triple-digit levels and returned Argentina’s economy to growth since he took office in 2023. His overhaul plan has won the country a series of sovereign credit upgrades, with the latest coming Tuesday from Moody’s Ratings, while leaving it...

Bad Loans Threaten Argentina’s Next Engine of Economic Growth Bad loans keep piling up in Argentina, dashing hopes that the economic pain unleashed by President Javier Milei’s harsh austerity program had already crested. Milei has slashed inflation from triple-digit levels and returned Argentina’s economy to growth since he took office in 2023. His overhaul plan has won the country a series of sovereign credit upgrades, with the latest coming Tuesday from Moody’s Ratings, while leaving it deep in speculative territory.
Next Engine of Economic Growth Bad Loans Threaten (ORG) Next Engine of Economic Growth (ORG) Argentina (LOCATION) Javier Milei’s (PERSON) Milei (ORG) Moody’s Ratings (ORG)
Originally published by Bloomberg Markets Read original →

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