The International Monetary Fund estimated a slowdown in GDP growth for Latin America and the Caribbean in 2025, according to the organization in its World Economic Outlook report, released last week.
This cut is primarily due to a 0.3 % contraction in Mexico's economy due to tariffs imposed by the…
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IMF urged governments in Latin America and the Caribbean to implement reforms for growth
Growth in the region made up of Latin America and the Caribbean is a priority for the International Monetary Fund. For this reason, it has urged governments to allocate the necessary resources to face current economic, fiscal and social…
IDB: Digital payments have increased in Latin America and the Caribbean
Digital payments have experienced rapid growth in Central America and the Caribbean, according to the recent Inter-American Development Bank (IDB) report titled “Towards Greater Financial Inclusion for Development.”
The IDB published this…
UN forecasts 1.6% growth in Latin America’s GDP
The United Nations (UN) forecasts lower economic growth for Latin America and the Caribbean in 2024, projecting a 1.6% increase in regional GDP, compared to an estimated 2.2% increase in 2023.
This forecast is attributed to restrictive…