Business Report

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Listening Activity

Patricia Silva

Argentina

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Fill in the Blanks Business ReportOnline version Listening Activity by Patricia Silva 1 rate exchange force increasing five down unemployment investment stable rate labour inflation rate incentives The economy is following the problems of the past two years . By following a tight monetary policy , the government has reduced the to 2 percent . After going up dramatically , the interest rate is now to 8% . The last six months has seen a slight improvement in the against the dollar . The GDP has grown by 0 . 15% . Exports are and the balance of trade is starting to look much healthier . The continues to be a problem as it is still 16% . In order to stimulate the economy and attract foreign the government is offering new tax as well as making a renewed effort to reduce goernment bureaucracy . Finally , a large skilled means there could be attractive investment opportunities over the next years .