{"id":8649,"date":"2025-07-23T15:50:01","date_gmt":"2025-07-23T18:50:01","guid":{"rendered":"https:\/\/hanin.org.ar\/?p=8649"},"modified":"2025-07-23T15:50:03","modified_gmt":"2025-07-23T18:50:03","slug":"%ec%98%a4%eb%8a%98%ec%9d%98-%ea%b2%bd%ec%a0%9c07%ec%9b%94-23%ec%9d%bc","status":"publish","type":"post","link":"https:\/\/hanin.org.ar\/?p=8649","title":{"rendered":"\uc624\ub298\uc758 \uacbd\uc81c(07\uc6d4 23\uc77c)"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

\uc624\ub298\uc758 \uacbd\uc81c<\/p>\n\n\n\n

    \n
  1. \uc548\uac1c \uc18d\uc758 \uc774\uc790\uc728
    \uc544\uc790\uc728\uc740 \uc5b4\uc81c \ud558\ub8e8\uc9dc\ub9ac\uac00 \uc5f0 80%\uc5d0 \ub2ec\ud588\uace0, \uc5f0\uac04\uc740 38%\ub85c \ub9c8\uac10\ud588\ub2e4.
    \uc911\uc559\uc740\ud589\uc774 \uc2dc\uc7a5\uc5d0 \uac1c\uc785\ud558\uc9c0 \uc54a\uc558\uace0, LEFI\uc758 \uac11\uc791\uc2a4\ub7ec\uc6b4 \uadf8\ub9ac\uace0 \uc798\ubabb\ub41c \ud68c\uc218 \ub54c\ubb38\uc774\ub77c\ub294 \uc810\uc774 \uc911\uc694\ud558\ub2e4.
    \uc911\uc559\uc740\ud589\uc758 \uc785\uc7a5\uc740 \uc2dc\uc7a5\uc5d0 \uc720\ub3d9\uc131\uc744 \uacf5\uae09\ud558\uc9c0 \uc54a\uace0 \uc774\uc790\uc728\uc744 \uc870\uc815\ud558\ub294 \uac83\uc774\ub2e4.
    \uc774\uac83\uc740 \ud398\uc18c\uac00 ‘\ud761\uc785’\ub418\uc9c0 \uc54a\uace0\uc788\ub2e4\ub294 \uac83\uc744 \uc758\ubbf8\ud558\uc9c0\ub294 \uc54a\ub294\ub2e4.
    \uadf8\uac83\uc740 LECAP \ucc44\uad8c\uc758 \uc785\ucc30\ub85c \uc774\ub904\uc84c\ub2e4.
    \uc774\ub7f0 \uc601\ud654\uac19\uc740 \uc77c\uc740 \uc5b4\ub5bb\uac8c \ub418\uc5c8\uc744\uae4c ?
    \uc5b4\uc81c\ub294 \ucc44\uad8c\uc2dc\uc7a5\uc774 \ub9c8\uac10\ub41c \ud6c4, \uc740\ud589\ub4e4\uc774 \ud22c\uc790\ud68c\uc0ac (Wise Capital)\uc5d0 \ub3c8\uc744 ‘\ucc98\ub9ac’\ud558\ub7ec \uc624\uc9c0\uc54a\uc740 \uccab\ub0a0\uc774\uc5c8\ub2e4.
    \ubd84\uba85\ud788 \ud558\uc790\uba74 \uc6d4\uc694\uc77c \uc624\ud6c4 6\uc2dc 14\ubd84 \uc740\ud589\uacfc \ub098\ub208 \ub300\ud654\uc774\ub2e4.
    2025\ub144 7\uc6d4 21\uc77c 18\uc2dc 14\ubd84 \uc740\ud589 : \ub0a8\uc740 \ud398\uc18c\uac00 \uc788\ub098\uc694 ?
    Wise Capital : 2\uc870 \ud398\uc18c\ub97c \uc904 \uc218 \uc788\uc5b4\uc694.
    18\uc2dc 40\ubd84 \uc740\ud589 : \ud639\uc2dc \ub354 \uc5c6\ub098\uc694 ?
    \ubb34\uc2a8\uc77c\uc774 \uc77c\uc5b4\ub0ac\ub358\uac00 ?
    \uc2dc\uc7a5\uc740 \ub9c9\ud310 LECAP\uc758 \ubc1c\ud589\uc73c\ub85c \uc9c0\ub098\uce58\uac8c \uacfc\uc5f4\ub41c \uc0c1\ud669\uc774\uc5c8\uace0, \uc624\ud6c4 5\uc2dc 30\ubd84\uc5d0\uc11c 6\uc2dc \uc0ac\uc774\uc5d0 (\uc608\uc678\uc5c6\uc774) \uc0ac\ub4e4\uc774\uae30 \uc2dc\uc791\ud588\uace0 \uac16\uace0\uc788\ub294 \ud398\uc18c\uac00 \ucda9\ubd84\ud558\uc9c0 \uc54a\uc558\ub2e4.
    \uadf8\ub7ec\uc790 \ud398\uc18c \ucc44\uad8c \uace1\uc120\uc758 \ubc18\ub300\ub418\ub294 \uae08\ub9ac\uac00 \uc0c1\uc2b9\ud55c \ubc18\uba74 \ucc44\uad8c \uac00\uaca9\uc740 \uae09\ub77d\ud588\ub2e4.
    \uc774\uac83\uc740 \uae08\uc735 \uc2dc\uc2a4\ud15c\uc5d0 \ubb38\uc81c\uac00 \ub418\uc9c0 \uc54a\uc73c\uba70, \uc624\ud788\ub824 \ubc18\ub300\uc774\ub2e4.
    \uc911\uc559\uc740\ud589\uc740 \uc740\ud589\ub4e4\uc5d0, \uac1c\uc785\ud558\uc9c0 \uc54a\uc73c\ub2c8 \uc740\ud589\ub4e4 \uac04\uc5d0 \uc54c\uc544\uc11c \uae08\ub9ac\ub97c \ud569\uc758\ud558\ub77c\uace0 \ud588\ub2e4.
    \uadf8\ub9ac\uace0 \uc740\ud589\ub4e4\uc740 \ud398\uc18c\uc5d0 \uae08\ub9ac\ub97c \uc9c0\ubd88\ud558\uc5ec, \uc911\uc559\uc740\ud589\uc5d0 \ub300\ud55c \ubb38\uc81c\ub97c \ud574\uacb0\ud574\uc57c \ud588\uc5c8\ub2e4.
    \uc774\ub294 \uc790\uae08\uc870\ub2ec \ube44\uc6a9\uc5d0 \uc601\ud5a5\uc744 \ubbf8\ucce4\ub294\uac00 ?
    \uc544\ub2c8\ub2e4.
    \ub204\uad70\uac00 \ub300\ucd9c\uc774\ub098 \uc218\ud45c \ud560\uc778\uc744 \ubc1b\uc744 \ub54c \uae08\ub9ac\uac00 \uc778\uc0c1\ub418\uc5c8\ub2e4\uace0 \ud560 \uc218 \uc788\ub2e4.
    \uc0ac\uc2e4 \uc774\ub294 \ucc44\uad8c\uc758 \uc0c1\uc2b9 \ub54c\ubb38\uc774 \uc544\ub2c8\ub77c LEFI\uc758 \ud68c\uc218 \ub54c\ubb38\uc774\ub2e4.
    \uc740\ud589\ub4e4\uc774 \ub300\ucd9c\ud574 \uc904 \uc0c1\ub300\uac00 \uc5c6\ub294 \uc0c1\ud669\uc5d0\uc11c 15\uc870 \ud398\uc18c\uac00 \ub4e4\uc5b4\uc654\ub358 \uacb0\uacfc\uc774\ub2e4.
    \uc989 0% \uae08\ub9ac\uc758 \ub3c8\uc774 \ub4e4\uc5b4\uc628 \uac83\uc774\ub2e4.
    \uc815\ubd80\ub294 \uc774 \ub3c8\uc758 \ubd80\uc815\uc801\uc778 \uacb0\uacfc\ub97c \ucd5c\uc18c\ud654\ud558\uae30 \uc704\ud574 \uae08\ub9ac\ub97c \uc778\uc0c1\ud588\ub2e4.<\/li>\n\n\n\n
  2. \uc5b4\ub5bb\uac8c \uc9c4\ud589\ub420\uae4c ?
    \uae08\ub9ac\ub294 \uacc4\uc18d \ud558\ub77d\ud560 \uac83\uc774\uace0, \uc774\uc81c \ub2e4\uc2dc \uc0c1\uc2b9\ud55c LECAP \ucc44\uad8c\uc740 \uc740\ud589\uc774 \uac16\uace0\uc788\ub294 \ud398\uc18c\uc758 \ud22c\uc790\ucc98\uac00 \ub420\uac83\uc774\uae30 \ub54c\ubb38\uc5d0 \uacc4\uc18d \ud558\ub77d\ud560 \uac83\uc774\ub2e4.
    \uc774\ub294 \uc740\ud589\ub4e4\uc758 \uc720\ud734 \uc790\uae08\uc774 \ub300\ucd9c\uc744 \ud1b5\ud574 \ubc16\uc73c\ub85c \ub098\uac08 \uc218 \uc5c6\uae30 \ub54c\ubb38\uc774\ub2e4.
    LEFI\uc5d0 \uc790\uae08 (\uc911\uc559\uc740\ud589 \ubd80\ucc44)\uc744 \ub123\ub294 \uac83\uacfc ,LECAP (\uad6d\uac00 \ubd80\ucc44)\uc5d0 \ub123\ub294 \uac83\uc740 \ubcc4\uac1c\uc600\ub2e4.
    \uc5b4\uc81c \ucc44\uad8c \uae08\ub9ac \uc0c1\uc2b9\uc740 \uace0\uc815\uae08\ub9ac \ucc44\uad8c \uac00\uaca9 \ubcc0\ub3d9\uc744 \ubd88\ub7ec\uc624\uc9c0\ub294 \uc54a\uc558\ub2e4.
    \ucc44\uad8c \uac00\uaca9\uc740 3\uc77c\uac04\uc758 \ud558\ub77d \ud6c4\uc5d0 \uc0c1\uc2b9\uc744 \ubcf4\uc600\ub2e4.
    \uac00\uc7a5 \uc911\uc694\ud55c \uc810\uc740 \ud398\uc18c \ucc44\uad8c\uc774 \uacc4\uc18d \uc624\ub97c \uac83\uc774\ub77c\ub294 \uac83\uc774\ub2e4.
    \ucc44\uad8c \uae08\ub9ac\uac00 \uc5f0 38%\ub85c \ub9c8\uac10\ub418\uc5c8\uae30 \ub54c\ubb38\uc774\ub2e4.<\/li>\n\n\n\n
  3. \uc120\ubb3c\ud658\uc728 : \uae30\ub85d\uc801\uc778 \uac1c\uc785
    LEFI\uc758 \ud68c\uc218 \uc774\ud6c4, \uc678\ud658\uac70\ub798\uc18c\ub294 \ub2e4\uc2dc \uae34\uc7a5\ud588\ub2e4.
    \uc774\ub294 \uc7ac\uc815 \uc2dc\ub098\ub9ac\uc624\uc758 \uc7ac\uad6c\uc131\uc73c\ub85c \uc778\ud55c \uac83\uc774\ub2e4.
    \uc911\uc559\uc740\ud589\uc740 \uc120\uac70 \ubd88\ud655\uc2e4\uc131 \uc99d\uac00\uc640 \ub18d\uc5c5 \ub2ec\ub7ec \ud658\uc804 \uac10\uc18c\uc758 \uc0c1\ud669\uc5d0\uc11c \ud658\uc728 \uc0c1\uc2b9\uc744 \uc5b5\uc81c\ud558\uae30 \uc704\ud574 \uc120\ubb3c\uc2dc\uc7a5 \uac1c\uc785\uc744 \uac15\ud654\ud588\ub2e4.
    \uac70\ub798\ub41c \uacc4\uc57d \uc561\uc218\ub294 \uc9c0\ub09c 3\ub144 \ub3d9\uc548 \ubcfc\uc218\uc5c6\uc5c8\ub358 \uc218\uc900\uc73c\ub85c \uc99d\uac00\ud588\ub2e4.
    \uc9c0\ub09c\uc8fc \uacc4\uc57d\uc561\uc740 15\uc5b5 \ub2ec\ub7ec \uc774\uc0c1\uc73c\ub85c, \uc774\ub294 \ub2f9\uad6d\uc774 \ud3c9\uac00\uc808\ud558 \uae30\ub300\ub97c \uc644\ud654\ud558\ub294\ub370 \uc801\uadf9\uc801\uc778 \uac1c\uc785\uc744 \ud558\uace0\uc788\uc74c\uc744 \ubcf4\uc5ec\uc8fc\ub294 \ubd84\uba85\ud55c \uc2e0\ud638\uc774\ub2e4.
    \ud654\uc694\uc77c\uc5d0 \uac00\uc7a5 \ub9ce\uc774 \uac70\ub798\ub41c \ud3ec\uc9c0\uc158 \uc911\uc5d0\ub294 7\uc6d4\uacfc 8\uc6d4\uc5d0 \ub9cc\uae30\uac00 \ub418\ub294 \uacc4\uc57d\uc774 \uc788\ub2e4.
    7\uc6d4\uc740 \uc57d 1,273 \ud398\uc18c, 8\uc6d4\uc740 1,315 \ud398\uc18c\uc5d0 \uac70\ub798\ub410\ub2e4.
    2025\ub144 \uc5f0\ub9d0\uc740 1,470 \ud398\uc18c\ub85c \uc9c0\uae08\uc758 1,254 \ud398\uc18c\ubcf4\ub2e4 \ud6e8\uc52c \ub192\ub2e4.<\/li>\n\n\n\n
  4. \uacc4\uc18d \ud558\ub77d\ud558\ub294 \ud658\uc728
    \ub2ec\ub7ec \ud658\uc728\uc740 \uc5b4\uc81c \ud398\uc18c\uc5d0 \ub300\ud55c \ucd08\uae08\ub9ac\uc640 \uc911\uc559\uc740\ud589\uc758 \uc120\ubb3c\uc2dc\uc7a5 \uac1c\uc785\uc73c\ub85c \ud3c9\uac00\uc808\ud558 \uae30\ub300\ub97c \uc5b5\uc81c\ud558\ub294 \uc2dc\ub098\ub9ac\uc624\uc5d0\uc11c \ub2e4\uc2dc \ud558\ub77d\ud588\ub2e4.
    \ub3c4\ub9e4\ud658\uc728\uc740 18.50 \ud398\uc18c \ud558\ub77d\ud55c 1,256.50 \ud398\uc18c, CCL \ud658\uc728\uc740 1,257.90 \ud398\uc18c, MEP \ud658\uc728\uc740 1,260.71 \ud398\uc18c\uc5d0 \ub9c8\uac10\ud588\ub2e4.<\/li>\n\n\n\n
  5. \uc2dc\uc7a5\uc758 \ubcc0\ub3d9\uc131
    Merval \uc9c0\uc218\ub294 \uc5b4\uc81c \ud3c9\uade0 1.4% \ud558\ub77d\ud588\uace0, \uc6d4\uc2a4\ud2b8\ub9ac\ud2b8\uc758 ADR\uc740 \ud63c\uc870\uc138\ub97c \ubcf4\uc600\ub2e4.
    \ub2ec\ub7ec \ucc44\uad8c\uc740 \ud3c9\uade0 0.3% \ub0b4\ub838\ub2e4.
    \uc678\ud658\ubcf4\uc720\uc561\uc740 405\uc5b5 7600\ub9cc \ub2ec\ub7ec\uc600\ub2e4.<\/li>\n\n\n\n
  6. YPF \uc8fc\uc2dd \uc591\ub3c4
    \uc544\ub974\ud5e8\ud2f0\ub098 \uc815\ubd80\ub294 \ub274\uc695 \uc81c2\uc21c\ud68c\ud56d\uc18c\ubc95\uc6d0\uc5d0 YPF \uc8fc\uc2dd 51% \uc591\ub3c4\uc5d0 \ub300\ud55c \uc911\ub2e8 \uc5f0\uc7a5\uc744 \uc694\uccad\ud558\ub294 \uc0c8\ub85c\uc6b4 \uc790\ub8cc\ub97c \uc81c\ucd9c\ud588\ub2e4.
    \uc815\ubd80\uc758 \uc774\ub7f0 \uc694\uccad\uc740 \ud56d\uc18c \uc808\ucc28 \uc804\ubc18\uc5d0 \uac78\uccd0 \uc591\ub3c4 \uc911\ub2e8 \uc870\uce58\uac00 \uacc4\uc18d \uc720\ud6a8\ud558\ub3c4\ub85d \ud558\ub294\uac83\uc744 \ubaa9\ud45c\ub85c \ud55c\ub2e4.
    \ub9cc\uc57d \ubc95\uc6d0\uc774 \uc694\uccad\uc744 \uae30\uac01\ud558\uba74, \ud504\ub808\uc2a4\uce74 \ud310\uc0ac\uc758 \uc8fc\uc2dd \uc591\ub3c4 \uba85\ub839\uc740 \ud6a8\ub825\uc744 \ud68c\ubcf5\ud558\uc5ec \uc8fc\uc2dd \uc591\ub3c4\ub97c \uc9c4\ud589\ud574\uc57c \ud55c\ub2e4.
    \uc774 \ubc95\uc801 \uba85\ub839\uc740 \uc77c\ubc18\uc801\uc73c\ub85c \uc8fc\uad8c\uad6d\uac00\uc5d0\uac8c \uc801\uc6a9\ub418\uc9c0 \uc54a\uc9c0\ub9cc \uacbd\uc81c \uc81c\uc7ac\ub85c \uc774\uc5b4\uc9c8\uc218 \uc788\uc73c\uba70, \uad6d\uc81c\uc2dc\uc7a5\uacfc \uae08\uc735\uae30\uad00\uc5d0 \uad6d\uac00 \uc774\ubbf8\uc9c0\uc758 \ubd80\uc815\uc801\uc778 \uc601\ud5a5\uc744 \uc900\ub2e4.<\/li>\n\n\n\n
  7. IMF, \uc544\ub974\ud5e8\ud2f0\ub098\uc758 \ub300\uc678 \uc801\uc790\uc640 \ub0ae\uc740 \ud658\uc728 \uacbd\uace0
    IMF\ub294 \uc544\ub974\ud5e8\ud2f0\ub098\uc758 \ub300\uc678\uc801 \uc785\uc9c0\uac00 \ud380\ub354\uba58\ud138\ubcf4\ub2e4 \uc57d\ud558\ub2e4\uace0 \uc9c0\uc801\ud558\uba74\uc11c \uacbd\uc0c1\uc218\uc9c0 \uc801\uc790\uc5d0 \uc8fc\uc758\uac00 \ud544\uc694\ud558\ub2e4\uace0 \uacbd\uace0\ud588\ub2e4.
    2024\ub144 \ub370\uc774\ud130\uc5d0 \ub530\ub974\uba74 GDP\uc758 0.4% \uc801\uc790\uc600\ub2e4.
    \ub610 \ud658\uc728\uc774 \uc791\ub144 \ub9d0\uae4c\uc9c0 15~25% \uc0ac\uc774\ub85c \ub0ae\ub2e4\uace0 \ucd94\uc815\ud588\ub294\ub370, \uc774\ub294 \ubc34\ub4dc \uc2dc\uc2a4\ud15c \uc2dc\ud589\uacfc \ucd5c\uadfc \uc815\ubd80\ud658\uc728\uc774 1,300 \ud398\uc18c \uc0c1\uc2b9\ud55c \ud6c4 \ubd80\ubd84\uc801\uc73c\ub85c \uac1c\uc120\ub418\uc5c8\ub2e4.
    IMF \uad8c\uace0\uc548 \uc911, \uc544\ub974\ud5e8\ud2f0\ub098 \uacbd\uc81c \ud380\ub354\uba58\ud138\uc744 \ub354 \uc798 \ubc18\uc601\ud558\uae30 \uc704\ud574 EFF (IMF\uc758 \ud655\ub300\uae08\uc735 \ud504\ub85c\uadf8\ub7a8) \ud611\uc815\uc744 \ucd94\uc9c4\ud558\uace0 \uc5c4\uaca9\ud55c \uc7ac\uc815 \uc815\ucc45\uc744 \uc720\uc9c0\ud558\uba70, \uc678\ud658\ubcf4\uc720\uc561\uc744 \ub298\ub9ac\uace0, \ud658\uc728 \uc644\ud654\ub97c \uc694\uad6c\ud588\ub2e4.
    IMF\ub294 \uc77c\ubd80 \uac1c\uc120\uc5d0\ub3c4 \ubd88\uad6c\ud558\uace0 \uc678\ud658\ubcf4\uc720\uc561 \uc218\uc900\uacfc \uad6d\uac00\uc704\ud5d8\ub3c4\uac00 \uc5ec\uc804\ud788 \ub192\ub2e4\uace0 \uacbd\uace0\ud588\ub2e4.<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    \uc624\ub298\uc758 \uacbd\uc81c<\/p>\n","protected":false},"author":6,"featured_media":8650,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_themeisle_gutenberg_block_has_review":false,"_joinchat":[],"footnotes":""},"categories":[23,25,61],"tags":[],"class_list":["post-8649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-noticias-argentina","category-informes-economicos"],"_links":{"self":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/8649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8649"}],"version-history":[{"count":1,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/8649\/revisions"}],"predecessor-version":[{"id":8651,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/posts\/8649\/revisions\/8651"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=\/wp\/v2\/media\/8650"}],"wp:attachment":[{"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hanin.org.ar\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}