# Argentina's draft 2025 budget foresees 5% GDP growth | Reuters

> Argentina's Economy Ministry released a summary of the draft 2025 budget, which forecasts 5% GDP growth and a primary fiscal surplus of 1.3% of GDP. The draft also projects inflation of 18.3% and an exchange rate of 1,207 pesos per dollar by year-end.

- Date: 2024-09-16 · published 2024-09-16T12:00:00.000Z
- Category: policy · region Argentina · magnitude low
- Page: https://feedsoft.ai/events/28583-argentina-s-draft-2025-budget-foresees-5-gdp-growth-reuters
- Commodities: [Argentine Peso (ARS per USD)](https://feedsoft.ai/c/USDARS.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

The projected peso depreciation and inflation path bear on Argentina's feed and oilseed export competitiveness, which can shift soymeal and soyoil export flows and prices.

## Read by commodity

- SBM: neutral
- USDARS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2023-07-28 | [IMF, Argentina reach staff deal on loan reviews to unlock $7.5 billion \| Reuters](https://feedsoft.ai/events/35333-imf-argentina-reach-staff-deal-on-loan-reviews-to-unlock-7-5-billion-reuters.md) | -2.3% | -8.1% |
| SBM | 2023-11-15 | [Argentina restarts 'crawling peg' to let currency weaken for first time since August \| Reuters](https://feedsoft.ai/events/33460-argentina-restarts-crawling-peg-to-let-currency-weaken-for-first-time-since.md) | -2.1% | -9.7% |
| SBM | 2023-04-25 | [Argentina vows to battle peso slide towards 500 per dollar in black market By Reuters](https://feedsoft.ai/events/36675-argentina-vows-to-battle-peso-slide-towards-500-per-dollar-in-black-market-by.md) | -1.7% | -6.7% |
| SBM | 2019-09-09 | [Focus on Argentina \| 2019-09-09  \| World Grain](https://feedsoft.ai/events/56913-focus-on-argentina-2019-09-09-world-grain.md) | +3.8% | +4.0% |
| SBM | 2026-01-13 | [To unlock growth, Argentina should reduce its export taxes - Atlantic Council](https://feedsoft.ai/events/13815-to-unlock-growth-argentina-should-reduce-its-export-taxes-atlantic-council.md) | -1.9% | +1.2% |

## Sources

- reuters.com: https://www.reuters.com/markets/argentinas-draft-2025-budget-foresees-5-gdp-growth-2024-09-16/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.