State Owned Companies Lost US$18 Billion During The Previous Administration

This loss was mainly down to state subsidies and includes ENARSA, the state run energy company and Aerolineas Argentinas. This represents almost one point of Argentina’s GDP and reflects the suicidal mismanagement of the country’s finances during consecutive administrations.

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https://www.batimes.com.ar/news/economy/state-companies-lost-us18-billion-during-alberto-fernandezs-government.phtml