Latin America and Caribbean

IMF says Regional Growth Slowing- not bad news

Published

on

Rashaed Esson

Staff Writer

#IMF#LatinAmericaandCaribbean#EconomicGrowth, April 22, 2024 – The IMF reports that economic growth for Latin America and the Caribbean is projected to slow to 2 percent for 2024, from 2.3 percent in 2023 due to weaker external environments and the effects of strict policies to control inflation, which are still materializing. This is not bad news for the region according to IMF official Rodrigo Valdes, speaking at a Press briefing on April 19. Additionally, Valdes informs that inflation has decreased and that the region has shown great resilience over the past few years.

 

TRENDING

Exit mobile version