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Argentina’s Senate Approves 2010 Budget Plan, Telam Reports

By Drew Benson

Nov. 12 (Bloomberg) -- Argentina’s Senate passed the government’s 2010 budget early this morning, state-run news agency Telam said.

The Senate backed the 273 billion-peso ($72 billion) plan, which forecasts growth of 2.5 percent and inflation of 6.1 percent, by a 42 to 25 vote, Telam said.

The lower house approved the measure, with the same targets, on Oct. 15.

To contact the reporter on this story: Drew Benson in Buenos Aires at abenson9@bloomberg.net

Last Updated: November 12, 2009 07:39 EST

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