‘Argentina’s economy will grow 5% in 2012,’ Feletti

Economy Deputy Minister Roberto Feletti said that the “Argentina’s economy is expected to grow 5 percent in 2012,” while visiting Ambito de Debate tv show.

“The economic policy won’t change after the October 23rd elections. The country’s economy is expected to grow 5 percent in 2012, according to the international outlook. We expect acceleration of growth and a good level of investment,” the Deputy economy Minister added, and clarified that the didn’t want to “foretell economic policies” because those tasks belong to the Government.

The Victory Front lawmaker candidate blasted international credit ratings, after Moody’s outlook on Argentina’s banking system was changed to negative. “There’s a profound discussion regarding credit agencies and their credibility,” Feletti stated.

Source: Buenos Aires Herald