Most of Latin America should continue growing – IMF

Source: ICIS News


HOUSTON (ICIS)--The International Monetary Fund (IMF) expects most economies in Latin America to continue growing, although Argentina's GDP should shrink this year.

Venezuela's economy will continue to contract.

The IMF released the GDP forecasts in its World Economic Outlook (WEO), published earlier this week.

The table below shows the IMF's forecasts for the western hemisphere.

Particularly strong growth is projected for Bolivia, Chile, Paraguay, and Peru.