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IMF estimates Argentine economy will expand 2.8% this year and 3.5% in 2014

Wednesday, April 17th 2013 - 01:59 UTC
Full article 16 comments

The IMF estimates the Argentine economy is to grow by 2.8 % this year, exceeding estimations by private-sector analysts but below the 4% average set by the country’s forecasted budget. IMF 2014 projections for Argentina reach 3.5 % with renewed inflation and trade restrictions’ claims. Read full article

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  • warteiner

    Impossible!!!!!!!!

    The guru's on here said that we are going to collapse soon, so I believe yankeeboy (who's wife cheated on him LOL with an Argentine!) and the other guys...

    Apr 17th, 2013 - 10:38 am - Link - Report abuse 0
  • thorpeman

    Its just a pity inflation is running at close to 30% :-(

    Apr 17th, 2013 - 01:16 pm - Link - Report abuse 0
  • yankeeboy

    Considering the 2.8% estimated increase is an INDEC figure it is most likely as inaccurate as the inflation figure.
    Argentina has been in recession since Nov 2011, and once CFK is gone it they myth will be exposed.

    Apr 17th, 2013 - 01:40 pm - Link - Report abuse 0
  • warteiner

    @2. where? Sorry, but I did not see almost any changes at my local supermarket since february. Only the pack of 4 pebetes when up 0.50 cents to 6.90$. And the bananas in the bolivianos, so I started to buy them at my local Disco, which did not go up. Are you people serious? Do you live in Argentina month after month?

    Apr 17th, 2013 - 01:43 pm - Link - Report abuse 0
  • thorpeman

    Hey warteiner I've heard Buenos Aires is to be twinned with Pyongyang is that true?

    Apr 17th, 2013 - 05:26 pm - Link - Report abuse 0
  • yankeeboy

    50/690 is a 7.2% increase in 2 months 7/2 x12= 43% annual inflation

    Gads Rg are dumb clucks
    they can't even do simple math
    and then they use is as an argument that refutes their claim and makes our better

    Stupid stupid stupid

    Apr 17th, 2013 - 06:42 pm - Link - Report abuse 0
  • warteiner

    Hahahahaha, that was just one product... ONE product, and the rest of the 30 products that I buy at the supermarket what? don't count? So you are calcuting inflation on one product? I know education in the states was really bad, but you, yankeeboy surpass all my spectation. Don't you see that you are a really pathetic looser that tries to mislead everything. Get over it dude.

    Apr 17th, 2013 - 10:15 pm - Link - Report abuse 0
  • ArgCan

    Being Argentine myself - inflation is running close to 30%. Any person that says other wise is delusional. I've been keeping track of receipts for the past 5 years - from transportation to groceries, and what the Christina and her supporters are saying is a repeat history again and again of the country - lies, deception, and greed on officials. I love my country, but the people elected a corrupt government which gives you an idea of the people as well... Live for today and the future doesn't exist.

    Apr 18th, 2013 - 01:56 am - Link - Report abuse 0
  • warteiner

    @8 you are not Argentine, stop lying. 30 % inflation????????? HAHAHAHAHAHAHAHAHAHAH

    Nobody says that number, even the more harcore from the oposition. Infltion in Argentina up to last february was 15-17 %.

    So tell me, why you have to change your nickname to prove a lie? You either are a pathetic Islander or an SA native who hates Argentina.

    Apr 18th, 2013 - 11:16 am - Link - Report abuse 0
  • ArgCan

    @9. So your rebuttal is sarcasm, lie and laughing. Great! It does not matter what you say, I know where I'm from and I don't live or tell a lie. Keep supporting our 'amazing' government, keep telling yourself a lie and others lie, but numbers are numbers. If our country was great politically and economically, we wouldn't be the laughing stock of our neighboring countries. Lets continue to align ourselves with countries that have limited world influence and power. Let's continue to say Argentina is amazing, yet have you travelled to the north ??? Poverty, malnutrition, human and drug trafficking, and the list goes on and on. You want our best example - our currency is a laughing joke. Have you travelled a bit??? Try and get a decent exchange rate or even having certain countries accept our currency... Good luck!

    Apr 18th, 2013 - 12:58 pm - Link - Report abuse 0
  • Think

    (10) ArgCan

    My rebuttal to you would be based on two topics..........

    1) Mr. Warteiner is right about the inflation...... It has been contained during the last couple of months.

    2) You declare to be Argentinean yet, you spell “Christina” with a “Ch”.
    ( I can imagine how you spell “Diegou Armandou Maradonna”.......)

    Apr 18th, 2013 - 04:48 pm - Link - Report abuse 0
  • ArgCan

    That's it - you guys talk about inflation for what - the last couple of months??? What about the last couple of years? And so what - it just proves you're a a supporter and I don't care about this incompetent government. Keep supporting her.

    You guys are classic perronistas - if you don't agree with us, your an outcast, a pro-American, etc. Instead of arguing intelligently, you provide baseless arguments.

    Apr 18th, 2013 - 05:08 pm - Link - Report abuse 0
  • yankeeboy

    It has been contained during the last couple of months.

    That has to be the dumbest statement of the day.
    Congratulations!

    Not even INDEC can report anything but increases
    Arg will be lucky if it's not over 40% this year

    as the Peso drifts lower day by day

    Apr 18th, 2013 - 05:38 pm - Link - Report abuse 0
  • Think

    (12) ArgCan

    First you spell ”C(h)ristina“ with a ”Ch“.......
    Then you spell ”Per(r)onista“ with a double ”rr“........
    You certainly spell as a ”Porteno from Buenas Aries”......

    Apr 18th, 2013 - 07:13 pm - Link - Report abuse 0
  • ArgCan

    @14 Your irritation of me wrongfully spelling our president and your political affiliation clearly states your position as supporter. No point in arguing with someone that only brings baseless arguments. With people like you, we're well on our way for a 4th domestic default since 1980.

    Travel the world a bit and get sense of perspective that is different than what our media is feeding us! You'll realize there's something else called difference of opinion!

    Apr 18th, 2013 - 08:13 pm - Link - Report abuse 0
  • yankeeboy

    As the anger built up in the affected areas, the Cristina Fernandez administration relied on various mechanisms to frustrate, demoralize and dilute it, including the Cámpora Peronist youth movement, the trade unions and the parties of the pseudo-left.
    La Cámpora is the official and institutionalized Peronist “youth movement,” one of whose leaders is the president’s son, Máximo Kirchner. La Cámpora announced early on that it would send 15,000 of its members into La Plata neighborhoods; officially it was to help clean up and to distribute dry mattresses and other goods.
    Their ulterior role is to gather intelligence, to intimidate and to confuse. It intervenes in protests and assemblies, and—in the name of solidarity—attempts to steer them away from a united opposition to the federal government. It spreads the dead-end poison of bourgeois nationalism. This sinister so-called youth movement, allegedly set up to promote human rights and Latin Americanism, is used by the regime to control and defuse dissent. Since 2006, this modern-day iteration of Peronism has served as an organization of political hooligans to guard the president, and as a career path into the Peronist apparatus for “youth leaders.”
    La Cámpora functions as a police agency disguised as a youth movement. Two days after the flood, La Cámpora members intervened at a La Plata neighborhoods assembly convened to discuss the causes of the floods; they intimidated local photographers, attempted to direct the discussion, and tried to prevent the videotaping of the event until the assembled citizens drove them out. There are charges that members of the group have commandeered donations from the general public and distributed them as their own to select neighborhoods.

    Apr 18th, 2013 - 09:12 pm - Link - Report abuse 0

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