Friday, December 12, 2008
Argetina tries to Boost Tourism
In order to boost tourism in Argentina the President is offering no interest loans in order to boost domestic tourism. This is to help Argentina fight the economic downturn. Just last week the government launched an 3.87$ billion dollar program that offers low cost loans to consumers and farmers. For the next 3-6 months Argentina will be offering low cost loans to tourists businesses and travelers. Argentina has been rapidly growing over the last few years but are expected to see a decline in growth this last year. They are trying to increase tourism to help them boost growth during the economic downturn.
Subscribe to:
Post Comments (Atom)
1 comment:
I think that this is a smart way for the Argentenian President to increase tourism and ultimately boost their economy. A key factor when traveling is the cost to travel and a huge part of that is not just plane tickets. It is the conversion rate. I know that when the conversion rate between the USD and the Euro was very low, many people suspended their travels to Europe.
Post a Comment