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Argentina will be playing for high stakes in 2017. Politicswise, President Macri will seek a majority in the mid-term legislative elections on October 22. The ruling coalition is currently in a minority position and has resorted to executive decrees. Confidence in the government and its reform agenda to address the inherited imbalances and weakened institutional framework remains resilient. This is despite the corrective measures that deepened the recession and postponed the recovery of the economy.

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