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The institution was chartered on September 24, 1886, as the Banco Hipotecario Nacional (National Mortgage Bank) by a bill (Law 1804) signed by President Julio Roca. [5] The bank pioneered mortgage lending on extended, low-interest terms in Argentina, and thus contributed to consolidating a modern Argentine economy (a policy centerpiece of the Generation of '80, as Roca and his allies were known).
4 February – One person is killed in a wildfire in Mariano I. Loza, Corrientes Province. [1]5 February – President Milei orders Argentina's withdrawal from the World Health Organization, citing “profound differences in health management", particularly during the COVID-19 pandemic.
The Bank of the Province of Buenos Aires (Spanish: Banco de la Provincia de Buenos Aires), better known as Banco Provincia, is a publicly owned bank in Argentina and the second-largest in the country by value of assets and deposits.
March 3 – The first case of COVID-19 was confirmed in Argentina: a 43-year-old man who had arrived two days earlier from Milan, Italy. [3] [4]March 7 – The Ministry of Health confirmed the country's first documented death of COVID-19, a 64-year-old man who had travelled to Paris, France, who also had other health conditions; the case was only confirmed as positive after the patient's demise.
In April 2017, after a long period of financial distress, President Mauricio Macri declared that "Argentina is in the middle of a cultural change" and that "Argentina is back in the world. Argentina wants to play a significant role in the global scenario." [6] Argentina did increase its international trade. Argentina is a member of the G20.
Polling firm Fieldwork date Sample size Peronism Others/Undecided Lead Opina Argentina [5]: 25 October 2024 1764 33.0 38.0: 10.0 5.0 3.0 11.0 5.0: Proyección Consultores [6]: 16–25 October 2024
The most recent arrangement approved Argentina to borrow SDR 40,714.00 million, of which Argentina has borrowed SDR 31,913.71 million [4] as of December 10, 2019. Over the past 63 years, Argentina has frequently used the resources of the IMF and holds the record for the largest loan distributed, reaching nearly $57 billion in 2018. [5]
The 2018–present Argentine monetary crisis is an ongoing severe devaluation of the Argentine peso, caused by high inflation and steep fall in the perceived value of the currency at the local level as it continually lost purchasing power, along with other domestic and international factors.