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Despite the recession, the tourism grew 1.5% in the first half of the year

According to the private consultant Ecolatina, the devaluation of the Argentine peso is one of the main reasons that explain that tourism is one of the few sectors that remain afloat in the current recessive context. The consultant highlighted that while the GDP accumulated an annual contraction of 2.5%, the hotel and lodging activity grew 1.5% in the second quarter of 2019. Additionally, it improved the balance between the entry and exit of international tourists. In the first half of the year, the arrival of tourists grew 19% annually and the departure of Argentines abroad was reduced 16%.


US government agency approved a USD 450 million loan for the development of Vaca Muerta oil field
China allows the import of soymeal livestock feed from Argentina, after 20 years of negotiations

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