Argentine minister tells industry to invest 30bn dollars annual to ensure 7% growth

Wednesday, November 23rd 2011 - 02:53 UTC

Full article 3 comments

Argentine Industry Minister, Débora Giorgi, came on stage Tuesday at the Industrial Union’s annual conference to defend the “Kirchnerite economic model”, and warned that in order to keep an average growth of 7% as asked by businessmen, they would have to increase their annual investments to 30 billion dollars. Read full article

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ChrisR
Another wish list by an acolyte of CFK. Keep dreaming.
Nov 23rd, 2011 - 11:26 am - Link - Report abuse 0
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O gara
Why is anyone dreaming Argentina has averaged 7,7% growth under the Kirchners.Explain yourself
Nov 24th, 2011 - 12:07 am - Link - Report abuse 0
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ChrisR
#2 Please explain yourself!
Are you saying that Argentina achieved less than 7%, or more? Have you taken off inflation to arrive at your figures?
Anyway, this is about the future growth of the economy and 7% real growth (inflation adjusted) is probably a really difficult target for any country to achieve. This woman or her advisors realise this hence the cajoling to business owners to invest this huge sum of money. CFK could be in for a bumper backhander next year!
Nov 24th, 2011 - 10:32 am - Link - Report abuse 0
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