28D is the term used to refer to the 28 December 2017 press conference of the Central Bank of Argentina together with the Treasury in which they changed their inflation target. This event is the beginning of the loss of confidence that sparked the beginning of the 2018 Argentine monetary crisis. [1] [2] [3] [4] [5]
Inflation in 2017 was 25% and the Macri's administration was coming off a major victory in the legislative elections. [6]
On 28 December, the change in inflation targets for 2018 was announced, which was 10% annually and was raised to 15%. [7]
Many read this measure as it was an advance[ clarification needed ] of the Chief of Cabinet and the Ministers of Treasury and Public Finance on the independence of the Central Bank. [8]
 | This article about the economy is a stub. You can help Wikipedia by expanding it. |
Alberto Ángel Fernández is an Argentine politician, lawyer, and academic who is the President of the Justicialist Party since 2021. He was previously the President of Argentina from 2019 to 2023. He was also the Chief of the Cabinet of Ministers from 2003 to 2008. His tenure as Cabinet Chief remains the longest since the post was created in 1994.
The Central Bank of the Argentine Republic is the central bank of Argentina, being an autarchic entity.
Mauricio Macri is an Argentine businessman and politician who served as the President of Argentina from 2015 to 2019. He has been the leader of the Republican Proposal (PRO) party since its founding in 2005. He previously served as 5th Chief of Government of Buenos Aires from 2007 to 2015, and was a member of the Chamber of Deputies representing Buenos Aires from 2005 to 2007. Ideologically, he identifies himself as a liberal and conservative on the Argentine centre-right.
Republican Proposal is a right-wing political party in Argentina. It is usually referred to by its abbreviation, PRO. PRO was formed as an electoral alliance in 2005, but was transformed into a national party in 2010. It is the major component of the Juntos por el Cambio coalition, and its leader is former Argentine president Mauricio Macri, who is the party's president since May 2024.
Alfonso Prat-Gay is an Argentine economist and politician. Following the election of Mauricio Macri to the presidency on 2015, he became Minister of Economy.
Horacio Rodríguez Larreta is an Argentine economist, politician and the former Chief of Government of the City of Buenos Aires. Larreta was re-elected in 2019 with almost 56% of the votes, becoming the first candidate to win a mayoral election in the first round since the adoption of Buenos Aires's autonomous constitution. He won in every comuna, except Comuna 4 and Comuna 8.
The Secretariat of the Interior of Argentina is a secretariat of the national executive power that manages issues pertaining to domestic politics such as immigration and co-ordination between the federal government and the governments of the provinces of Argentina.
Juntos por el Cambio is a political coalition in Argentina. A liberal coalition, it was created in 2015 as Cambiemos, and renamed in 2019. It is composed of Republican Proposal, Radical Civic Union, Civic Coalition ARI and United Republicans.
Luis Andrés Caputo is an Argentine economist who is the current Minister of Economy under Javier Milei's presidency, having assumed office on December 10, 2023. He previously served as Minister of Public Finances from 2017 to 2018 and President of the Central Bank of Argentina in 2018.
Guido Sandleris is an Argentine economist who was President of the Central Bank of Argentina.
The following lists events that happened or will happen in Argentina in 2019.
The Frente de Todos was a centre-left political coalition political parties in Argentina formed to support President Alberto Fernández and Vice President Cristina Kirchner.
The National Communications Entity is the national communications and media regulator of Argentina. It was created by a presidential decree in 2016 and combines the former Federal Authority for Audiovisual Communication Services (AFSCA) and the Federal Authority for Information and Communication Technologies.
Veníamos bien, pero de golpe pasaron cosas or simply abbreviated as pasaron cosas, is a phrase that was uttered by Mauricio Macri, former president of Argentina on 17 June 2018 during an interview with Jorge Lanata, well-known for being a fervent opponent of kirchnerism as well of the austere policies of Macri, while trying to justify the worsening of the country's economic situation in the last two months, in which an exchange rate run occurred that culminated in the resignation of the president of the Central Bank of Argentina, Federico Sturzenegger on 14 June, while resigning to the post, it was left an erratic accumulated inflation of 95% and a devaluation of the peso of 175%. By pronouncing the phrase, Macri sought to release the government from any responsibility regarding the country's crisis, stating that it was the product of a greater worldwide situation, in which the world was in a "very volatile financial situation", remainings of the financial crisis of 2007–2008.
Legislative elections were held in Argentina on 14 November 2021. Half of the seats in the Chamber of Deputies and a third of the seats in the Senate were renewed. The election had previously been scheduled to take place on 24 October 2021, but was postponed due to the COVID-19 pandemic in Argentina.
Gustavo René Hein is an Argentine politician currently serving as a National Deputy elected in 2019. A member of Republican Proposal (PRO), and the party's president in Entre Ríos Province, Hein previously served as intendente (mayor) of Basavilbaso, Entre Ríos, from 2015 to 2019.
The Presidency of Alberto Fernández began on 10 December 2019, when Alberto Fernández was sworn into office to a four-year term as President of Argentina. Fernández took office alongside vice president Cristina Fernández de Kirchner following the Frente de Todos coalition's victory in the 2019 general election, with 48.24% of the vote against incumbent president Mauricio Macri's 40.28%. Fernández's victory represented the first time in Argentina's history that an incumbent president had been defeated in a re-election bid. In 2023, he was later succeeded by Javier Milei.
The inflation in Chile has been a significant issue in the economy of Chile in the 20th century. In the 2020s it surfaced as an economic problem again during the second presidency of Sebastián Piñera and continues beyond it. This inflation has been attributed to a series of private pension fund withdrawals allowed by the Congress of Chile in response to the economic hardships of the COVID-19 pandemic in Chile. Besides this, food prices are held by the Food and Agriculture Organization to have increased as consequence of the 2022 Russian invasion of Ukraine.
This article contains polls on voters' intentions regarding the 2023 Argentine general election, which will elect the country's president and vice president for the 2023–2027 period.