- Dubai Stock Selloff May Bring Buying Opportunity
- Dubai Fallout Is a Correction, Not Another Crisis: El-Erian
- Dubai's Debt Woes Signal New Era for Creditors
- Longer Lines, Fuller Carts This Black Friday
- The World's Biggest Debtor Nations
- Commodities Hammered as Investors Flee to US Dollars
- Five Tips for Buying a Foreclosed Home
- Get Paid Six Figures to Wear a T-Shirt?
- Shoppers Hit Black Friday Sales; Budgets Pared
- Longer Lines, Fuller Carts This Black Friday
- Dubai Stock Market Fear Has 'Legs': Dennis Gartman
- Obama's Emission Reduction Pledge Paints Future for Autos
- Is Super Bowl Halftime Act Too Old?
- Surprising Options Trades in TiVo Shares
- EA Sports Hopes to Pump Up Sales Through Pop-Up Locations
- 8 Retailers that Gain During the Holidays
- Farrell: What's Different On This Black Friday
- 10 Dividend Picks For Your Portfolio: Chief Investors
MOST SHARED
- 8 Retailers that Gain During the Holidays
- Dubai Fallout Is a Correction, Not Another Crisis: El-Erian
- Get Paid Six Figures to Wear a T-Shirt?
- Finding the Holiday's Best Buys
- Dubai Spooks Investors But May Bring Buying Opportunity
- Banks Play Down Dubai Exposure, Investors Still Wary
- Some of Dubai World's Major Holdings Around Globe
- Banks With The Biggest Exposure to The UAE
- San Miguel Sells $1.36 Billion Stake to Ally
Text Size 
BUENOS AIRES, Nov 10 (Reuters) - Argentina's economy could grow by between 4 percent and 5 percent next year as local industry recovers from the impact of the global crisis, a government minister said on Tuesday. "Due to the signs of recovery in key productive sectors across the country, I think growth will be stronger than what's been estimated in the budget, reaching levels of 4 or 5 percent in 2010," said Industry and Tourism Minister Debora Giorgi. Expansion at that rate would far exceed the 2.5 percent estimate envisioned in the government's budget bill for next year. Latin America's No. 3 economy is expected to grow 0.5 percent this year, according to the government. "In September, most sectors have shown levels of recovery that are similar to those seen in 2008 -- a record year," she said in a speech, according to an official statement. Argentina's economy expanded rapidly between 2003 and 2008, with annual growth rates of at least 6.8 percent. ((Reporting by Walter Bianchi; Writing by Helen Popper, Editing by Gary Crosse)) ((helen.popper@thomsonreuters.com; +54-11-4318-0655; Reuters Messaging: helen.popper.reuters.com@reuters.net)) Keywords: ARGENTINA ECONOMY/GROWTH (For help: Click "Contact Us" on your desktop, click here or call 1-800-738-8377 for Reuters Products and 1-888-463-3383 for Thomson products. For client training: training.americas@thomsonreuters.com; +1-646-223-5546) COPYRIGHT Copyright Thomson Reuters 2009. All rights reserved.
The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
Print
Email
- Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
- Zhu Zhu Pets are this year's must-have toy, fetching $40 or more on eBay.
- From the why-didn’t-I-think-of-that file, we present Jason Sadler, a man whose job is wearing T-shirts.
- It may be the most unusual guide to business you'll read.
- "The Who" will be the halftime act for Super Bowl XLIV on Feb. 7 in Miami. Is the NFL behind the times?
- Some of the nation's top bartenders offer suggestions on what to serve at holiday celebrations this year.
Data is a real-time snapshot *Data is delayed at least 15 minutes