Bloomberg News

Lorenzino Sees Argentine Growth Accelerating in ’12, Tiempo Says

July 29, 2012

Argentina’s economic growth will accelerate in the second half of the year and the government doesn’t have any plans to take on more debt to cover spending or bond payments, Tiempo Argentino said, citing an interview with Economy Minister Hernan Lorenzino.

South America’s second-biggest economy is growing less quickly than last year, Lorenzino said, according to the Buenos Aires-based newspaper. The minister added that efforts to reduce the country’s dependence on the U.S. dollar may be having a positive impact on the economy, Tiempo said.

To contact the reporter on this story: Bill Faries in Miami at wfaries@bloomberg.net

To contact the editor responsible for this story: Francisco Marcelino at mdeoliveira@bloomberg.net


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