IMF drastically cuts Latin America's growth projection in 2019

Jul 25, 2019

The International Monetary Fund (IMF) on Tuesday applied a sharp cut to estimates of economic growth in Latin America, given a more pronounced slowdown in Brazil and Mexico, exacerbated by global trade disputes and a deterioration in the confidence of investors and analysts.

In its World Economic Outlook report, the IMF said it now expects the region as a whole to expand at a rate of 0.6% this year, a cut of 0.8 percentage points in […]

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