Economist César Aristimuño, general director of the Aristimuño Herrera & Asociados Consulting Firm, highlights that the exchange intervention strategy implemented by the Central Bank of Venezuela (BCV) has proven to be effective in containing the advance of dollar prices.
In addition, it points…
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economic growth
Colombia forecasts economic growth and inflationary challenges
The Colombian Government has released its calculations regarding the expected increase in the country's Gross Domestic Product (GDP) for this year, setting the estimates between 1.8% and 2%, as reported by Europa Press on August 17, 2023.…
Economic growth picks up in the eurozone
The eurozone experienced a slight rebound in its economic growth during the second quarter, after having stagnated in the first three months of the year, although difficulties persist in Germany, according to what was revealed in a first…
ECLAC projects economic growth of 5 % for Venezuela
The economic growth projection for Venezuela this 2023 is estimated at 5 %, according to the recent report by the Economic Commission for Latin America and the Caribbean, ECLAC.
This Thursday, the agency updated the economic growth…
Argentine GDP had a growth in 2022 of 5.2 %
The Gross Domestic Product (GDP) of Argentina grew by 5.2 % year-on-year in 2022, driven by a positive performance in almost all sectors of activity, with the exception of agriculture, livestock, hunting and forestry, which fell by 4, 1 %.…
IMF and El Salvador assess the region’s economy
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…
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…