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Argentina Briefing

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Briefing: Republic of Argentina The Republic of Argentina is a federal republic. The president is the head of state and commander in chief of the armed forces. The president is elected to a four year term by a national election. The president may only be elected for a second consecutive term. The president may elect his own cabinet and chief of cabinet by himself. However, the chief of cabinet may be removed by majority vote in each of the governments chambers. The country has a bicameral congress. The congress contains two-hundred and fifty-seven members. There is a 72-member senate in place with re-elections every six year. One-third of the house stands for election every two years. There are twenty three states in the country. The …show more content…

However the country is predicted to rise by 2.7% by the end of 2017. The citizens have protested against the current problem at hand and there have been trade unions formed to mobilize against the loss of Industrial grade jobs. In twenty fifteen the Argentine Central Bank eliminated foreign exchange and capital control. They wanted to increase the investors trust and support after their currency inflated by 40%. The decision was also aimed to lower the cost of the agricultural exports. The president looked to increase foreign investment, he organized a large investment forum to attract EUR 31 billion investment into their country. Most crops receive a tax exemption however this has dropped industrial production by 4%. The agriculture sector expects to receive a 58 million investment in 2016-2017. The country also has resource potential with the world's fourth largest oil reserve and its second largest shale gas reserve. In twenty sixteen argentina faced an inflammation of their currency by forty percent and large unemployment rates. The country seeks to strengthen economic ties with countries such as the EU and the United States.
The demographics of Argentina for age structure are 24% zero to fourteen, 15% fifteen to twenty-four, 39% percent twenty-five to fifty-four, 9% fifty five to sixty-four 11% sixty five years and older. For the median age of males it is thirty years old, women are on average 32 years old. The population rate is .93%. The birth rates are 17

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