Today the level of growth of the economy for the third quarter of 2021 will be known

Today the level of growth of the economy for the third quarter of 2021 will be known

For his part, the Minister of Productive Development, Matías Kulfas, stressed that economic activity recovered “everything lost by the pandemic.” “The increase in circulation is directly impacting the activities most affected by the pandemic, such as gastronomy, tourism, recreational and cultural services, passenger transport and certain segments of the retail trade, particularly that of clothing and footwear,” said Kulfas. .

Most analysts agree that the economy will indeed show positive results. The main divergence is in the reading of the data: while some say that it is an effect of the incentive policies for companies through the Ministry of Productive Development, others argue that it is the product of a rebound due to the bad numbers left by the pandemic .

During the presentation of the 2022 Budget report, Guzmán affirmed that the country is going through “a strong process of economic recovery, in a solid way”, and in a context in which it continues to “struggle against a double crisis, which began in 2018 and the one that followed the pandemic ”.

Regarding the negotiations with the IMF, Guzmán stated: “The worst thing would be an adjustment agreement with the IMF that stops growth ”. In this context, he said that the budget reflects the Government’s vision regarding the functioning of the economy. “It coincides with the conceptual basis that has been taken into account at the time of the negotiations that we are carrying out with the IMF,” he said.

Source From: Ambito

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