Sunday, September 4, 2016 Prat-Gay: growth expected by the end of 2016Finance Minister Alfonso Prat-Gay has announced that he expects the economy to begin growing again by the end of the year or in early 2017 while at the same time warning that “not sealing a social pact implies less economic growth and more inflation.”Prat-Gay, who has sparred with Central Bank Governor Federico Sturzenegger over the relative importance of inflation this week, told the La Nación daily yesterday that overall growth in the economy can be expected soon. That will certainly take place toward the end of this year or early next year. That means that, in the first half of the year, the economy fell by 1.3 percent, according to EMAE’s estimate. In light of that grim panorama, Prat-Gay yesterday said that there were four reasons to be optimistic for the economy. Just like we said four months ago, give me reasons to say that inflation is not going to fall.

Source: Bueno Aires Herald September 04, 2016 03:00 UTC