Cristina Kirchner said that the economy grew 1,9% during 2012

Argentina, February 13, 2013

Today, Cristina Kirchner defended the state management of YPF and announced that the economy grew a 1.9% during 2012, with reference to the Gross Domestic Product. The statements were part of the inauguration of unconventional oil exploration in Chubut.

Thus, she said “economic activity grew by 1.9 percent in 2012 due to a rebound in the fourth quarter,” and she added “as President of all Argentines, I’m proud to come here, to Comodoro Rivadavia, and speak to workers, citizens of Chubut, and speak about what we do, what we have grown and that this was done for more than fifteen years.”

“Just eight months ago, all service stations in Argentina had long queues to buy fuel. No one can deny that. Remember, we should have a bit of memory” said Cristina Kirchner.

Finally she concluded “we don’t need to look abroad to be good and efficient. The Argentines can be good and efficient too. “

Moreover, the CEO and president of YPF, Miguel Galuccio, explained that the production of hydrocarbons from the company grew 2.5% during 2012, after several years of decline.