City
Epaper

Argentine Prez upbeat about post-Covid economic growth, job recovery

By IANS | Updated: April 29, 2022 14:25 IST

Buenos Aires, April 29 Argentine President Alberto Fernandez expressed confidence in his country's economic prospects after the Covid-19 ...

Open in App

Buenos Aires, April 29 Argentine President Alberto Fernandez expressed confidence in his country's economic prospects after the Covid-19 pandemic, saying economic growth is very strong, employment recovery is real and consumption is growing.

"We have a very well-defined economic program, with production as one of our targets, that is working well because the economy continues to grow, production continues to rise, and installed capacity utilization continues to increase," the President said in a speech at the closing ceremony of the annual assembly of the Argentine Confederation of Medium-Sized Companies.

Small and medium-sized enterprises (SMEs) "are a major driving force in the Argentine economy and have a great opportunity to grow more if we give them the attention they deserve", Xinhua news agency quoted Fernandez as saying.

If SMEs improve their performance, employment will increase, and "Argentina will be in a better position for future development", he added.

Argentina's gross domestic product (GDP) increased 10.3 per cent in 2021, after registering a growth of 8.6 per cent in the fourth quarter of that year, according to the National Institute of Statistics and Censuses.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Che: Part OneNational institute of statisticsXinhuaBuenos AiresAlberto FernandezBaiDistrict data
Open in App

Related Stories

InternationalMajor UK Railway Stations Hit by Cyber Attack; Network Rail Suspends Wi-Fi Service

InternationalEight Dead After Fishing Boat Capsizes Near Malvinas Islands

InternationalGreece braces for first summer heat wave

PoliticsSudan govt willing to work with all parties to end conflict

InternationalCyprus prepares for emergencies in face of approaching heat wave

Politics Realted Stories

Maharashtra'Unity Not Just for Elections': MNS Leader Sandeep Deshpande on Possible Thackeray Alliance

PoliticsMurshidabad Violence: Shehzad Poonawalla Slams Yusuf Pathan Over Tea Post, Says, “As Hindus Get Slaughtered…”

PoliticsTamil Nadu Assembly Elections 2026: BJP-AIADMK Join Hands, Palaniswami To Lead Alliance, Says Amit Shah

Politics‘No Injustice to Muslims’: Shiv Sena Leader Manisha Kayande Slams Opponents of Waqf Amendment Bill

NationalParliament Passes Waqf Amendment Bill: Two JDU Leaders Resign Over Party's Support