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Argentina’s economy will edge higher this year as the new government lifts interventionist controls, later fuelling growth of about 4.5 percent annually between 2017 and 2019, Finance Minister Alfonso Prat-Gay said on Thursday (January 14). “With our numbers we calculate an estimated (economic growth) of between 0.5 percent and 1 percent this year in 2016, but above all with much stronger growth in the second half of the year,” he said, during a news conference […]
Argentine Finance Minister Alfonso Prat-Gay said the South American country would hold tough debt negotiations with U.S. investment firms suing over unpaid debt, as preliminary talks got underway in New York on Wednesday (January 13). He did say it was imperative to resolve the country’s legal dispute because financing of the country’s fiscal deficit this year may depend on progress on the issue. Solving the more than decade-long debt battle would enable Argentina to return […]
