Argentine household arrears reach 17.5% and the government rules out intervening

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Household arrears in Argentina have reached 17.5% of total lending as of June, with the government rejecting intervention and advocating market-based solutions.

Arrears on credit to individuals in Argentina reached 17.5% of total lending in June, according to a study by Universidad Austral and the consultancy Eco Go based on central bank data. Javier Milei's government has ruled out intervening and maintains the solution must come from the market.