Argentina » Outlook

International Property Brokers forecast that the areal GDP growth will slow down to 6.7% in 2006 and 4.5% in 2007 beacaus e of the current economic indicators.The president, Nestor Kirchner will serve with an improved congressional majority, following the legislative elections in October 2005. He is at present in a strong position to win re-election at the poll planned to be held in the fourth quarter of 2007.

The government continues to emphasize its wages and prices policies to control inflation, instead of contracting the fiscal and monetary policy mix.The economy is expected to continue woth its bullish performance in 2006,as long as investment as a proportion of GDP continues to increase.