A much better year than expected: What about 2011?

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A much better year than expected: What about 2011?

Septiembre 2010

In many ways 2010 has been a much better year than had been predicted.

Economic growth has exceeded even the most optimistic expectations; the fiscal accounts have improved relative to 2009 and we now anticipate that the Central Government could show a balance budget for the year as a whole, the country has maintained financial stability and peso interest rates have barely moved, while the country is again accumulating international reserves in spite of using a significant amount of international reserves to pay the external debt.