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The World Bank improves Mexico’s economic projection and worsens that of Argentina

On Tuesday (6), the World Bank delivered its new projections for the world economy, and its estimate for Latin America and the Caribbean showed a marginal improvement.

The multilateral organization expects the region's aggregate Gross Domestic Product (GDP) to expand by 1.5% in 2023 after it had assigned 1.4% up to April.

There was a substantial change in the outlook within some countries.

For example, the World Bank expects Argentina's GDP to fall 2% this year when up to two months ago, it expected 0% growth.

Until the end of last year, the country was expected . . .

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