No menu items!

IMF: LatAm GDP to grow 1.8% in 2023, with restrictive financial conditions

Rising interest rates by central banks to combat inflation and the impact of Russia's war in Ukraine on markets are the main factors running through the International Monetary Fund's (IMF) economic outlook update for Latin America.

In this new report, the organization projects that the economy of Latin America and the Caribbean will grow 3.9% in 2022, an upward revision from October's projection, when it placed the region's GDP growth at 3.5% for the previous year.

In addition, for 2023, there is a slight upward revision of 0.1% from October to 1.8 . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?

Check out our other content