The Government of El Salvador received a visit from the Executive Board of the International Monetary Fund (IMF) to evaluate the economy of the region. The meeting is held as part of the traditional visit that the IMF maintains with member countries in accordance with Article IV of its constitutive…
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economic growth
The IDB will finance El Salvador with 92 million euros
The Inter-American Development Bank (IDB) has approved a loan for El Salvador for a total amount of 100 million dollars (92.3 million euros) to support the growth of micro, small and medium-sized companies in the country, in line with…
Eurozone faces a moderate recession
The economy of the Eurozone is facing a slowdown after the strong rebound in growth experienced, which could even become a "moderate recession", but far from a crisis scenario like that of 2008, according to the chief economist of the…
European Commission forecasts increase of inflation in Spain to 8.1 %
The European Commission made new forecasts for inflation growth in Spain for this 2022, raising the forecast to 8.1 % compared to the 6.3 % estimated last May and maintaining 4 % for the growth of the Spanish economy at closing of the year.…
Incentives and exports will help economic growth
Ángel Alvarado, economist and member of the Venezuelan Finance Observatory, stressed that the incentives that are being granted to the market, together with oil prices rise and the increase in the number of exports that are being developed,…
China’s GDP showed a growth of 4.8 %
The Gross Domestic Product (GDP) of China registered a growth of 4.8 % in the first quarter of 2022 compared to the same period of the previous year. It represents an acceleration of eight tenths compared to the year-on-year expansion…
Peruvian economy grew by 13.31 % during 2021
Peru's economy registered a year-on-year growth of 13.31 % in 2021, after having accumulated ten consecutive months of monthly growth, according to data published by the National Institute of Statistics and Informatics (INEI).
The figure…
Unemployment in Latin America will last until 2024
The International Labor Organization (ILO) released its edition of the Labor Overview of Latin America and the Caribbean where it noted that the economic growth evidenced during 2021 in the region did not have enough impact to reduce…
Credit is essential to achieve growth, according to Fedecamaras
The president of the Federation of Chambers and Associations of Commerce and Production of Venezuela (Fedecamaras), Carlos Fernández, assured that the State must allow the granting of bank credit for economic recovery.
“To reach a better…
Bank of Spain estimates economic growth of 5.4% in 2022
In the most recent publication of the Bank of Spain, regarding the estimates of economic growth in the 2021-2024 period, the entity manages indicators related to the evolution of the Gross Domestic Product, the price of energy, consumption…
Economic growth in Latin America will be 6.3 %
The International Monetary Fund (IMF) published the new estimates on economic growth for Latin America in 2021, raising them to “6.3 %, that is, half a point above its July forecast, thanks mainly to the good development of the raw material…
Focus Economics estimates that inflation will close the year at 1,549 %
Asdrúbal Oliveros released, this August 10, a video on his social networks, explaining the perspectives of the consulting firm Focus Economics on the dynamics of the Venezuelan economy for the last months of 2021 and for the next year 2022.…