"PREMIUM: Lingering economic problems constrain Argentine ambitions"
Wilder Alejandro Sanchez
Defence Notes
Shephard Media
Originally published: https://www.shephardmedia.com/news/defence-notes/premium-lingering-economic-problems-constrain-arge/
The latest defence procurement plan for 2021-2023 includes only limited new programmes for the Argentine armed forces.
Official data shows the ratio of debt to GDP in Argentina exceeded 100% in 2020 as economic activity slumped by 10%, due partly to the COVID-19 pandemic but also because of structural problems dating back decades.
Against this backdrop, the government only included modest new acquisitions for the armed forces ...
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