Advertisement

INTERNATIONAL

Share
From Times Staff and Wire Reports

Argentina Announces Sweeping Privatization Plan: The government, tightening its public finances to shore up what it calls its “economic miracle,” said it will sell off all major concerns still in the hands of the state within 16 months. By the end of 1995, all airports, the national post office, the mint and the nation’s biggest petrochemicals plant will be sold off to private ownership, Economy Minister Domingo Cavallo told the annual meeting of the country’s top bankers.

Advertisement