Outlook Bleak for Argentinian Economy


Although figures have not yet been released, expectations regarding the results for the second quarter of 2000 are pessimistic. With growth during the first quarter of only 0.9%, many are speculating that the figure for the second quarter will not even reach 2%.

According to the August consensus forecast of the Barcelona-based consultancy, LatinFocus, the econonomy is to grow by only 2.3% this year.

Source: Financial Times



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Posted on Aug 17, 2000
Region: Argentina