RPT-Government programs coax Argentines to shop ahead of election

lunes 22 de junio de 2015 07:00 GYT

(Repeats with no changes)

* Government initiatives to spend revive sales

* Unorthodox economic policies may cost next government

By Sarah Marsh

BUENOS AIRES, June 22 (Reuters) - Two septuagenarians who have lived through countless ups and downs in Argentina's rollercoaster economy may have different views on the government's latest schemes to spur consumption, but they both think it's time to go shopping.

Rodolfo Ravioli, 72, is trading in his old fridge for a new one at nearly half the price through the "Renovate Yourself" initiative. He says Cristina Fernandez is the first Argentine president he's seen "really tackling the problems in the economy."

Monica Padron, 78, bought a television through "Now12," a credit program that allows payment in 12 interest-free installments. But she is skeptical of what she sees as a political tactic ahead of presidential elections in October.

"You'd be an idiot if you were the only one who didn't make the most of it," she said. "But it's not right. The president thinks only of the present. The next one will have to pay the price."

Fernandez, who is barred from running for a third term in October, has defied dire economic predictions and kickstarted private consumption. A more buoyant economy could benefit Daniel Scioli, the ruling party's candidate and the current frontrunner.   Continuación...