Over the next four years, Lacoste added, the ministry is budgeting for at least 3.5-4 percent average yearly growth. Inflation targetsPrat-Gay has taken some heat for some of his forecasts on inflation early into President Mauricio Macri’s presidency. As for the 25 percent target, Prat-Gay said that “maybe we will not get there for the period between December 2015 and December 2016, but we will reach that figure between March 2016 and March 2017. Anticipate at least 3.5% average growth in coming years Wednesday, July 13, 2016 Bullish Finance Ministry forecasts 5% growth in 2017Prat-Gay’s second-in-command says GDP may increase as much as 6 percent next yearGovernment officials are getting increasingly bullish about 2017’s economic figures it seems — yesterday, the Finance Ministry’s second-in-command Pedro Lacoste forecast that the country could grow by as much as “five to six percent” next year. Lacoste, meanwhile, also emphasized that a 3.3 percent fiscal deficit was still the target for 2017.

Source: Bueno Aires Herald July 13, 2016 02:48 UTC