Argentina's GDP could grow 5.9%, Prat-Gay says

Argentina's central bank President Alfonso Prat-Gay told a Senate committee there is a recovery of internal demand and an incipient recovery in consumption and that the Argentine economy may expand as much as 5.9 percent this year.

Source: Bloomberg

Argentina's economy may expand as much as 5.9 percent this year, more than the International Monetary Fund estimates, fuelled by a surge in consumer spending and exports, central bank President Alfonso Prat-Gay said.

``There is a recovery of interna