US Secretary of State John Kerry (2-L) and Argentina's Foreign Minister Susana Malcorra(C) arrive at the Foreign Ministry in Buenos Aires, Argentina, on Aug. 4, 2016. / AFP / EITAN ABRAMOVICH
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U.S. Secretary of State John Kerry Thursday urged Argentina to be patient with the pace of economic progress under President Mauricio Macri, who took office late last year promising an influx of investment that has yet to materialize.Macri's market-friendly policies follow eight years of heavy state control of the economy under previous leader Cristina Fernandez.Argentina's economy is expected to shrink 1.3 percent this year, according to a central bank poll of analysts. Macri has promised that the economy will turn around in the second half of this year.
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