BUENOS AIRES, March 16 (Reuters) - Argentina’s gross domestic product will grow at least 7% this year, Economy Minister Martin Guzman said on Tuesday, signaling a faster than previously expected recovery after three years of recession exacerbated last year by the COVID-19 pandemic. The new economic growth estimate is above the 5.5% foreseen in the government’s budget. Latin America’s No. 3 economy shrank 10% in 2020, weighed down by a lockdown against the coronavirus and uncertainty over the policies of left-leaning Peronist President Alberto Fernandez, who took office at the end of 2019. “We expect growth of gross domestic product of 7% for 2021. We expect that as a base. Along with this we are beginning to see a recovery in employment, and a strengthening of public accounts,” said Guzmán in a videoconference with foreign investment funds. Fernandez, who led the videoconference from his residence in Buenos Aires, urged investors to bet on the country, especially in areas such as energy, in lithium mining and in agro-industrial production.