Publish in Special Reports - Thursday, October 12, 2017
Despite a recent earthquake and uncertainty around NAFTA, the IMF revised up its estimates for GDP growth in Mexico this year. (Photo: Mexico City Government)
Outlook for Chile, Colombia, Peru and Venezuela worsens.
BY LATINVEX STAFF
The International Monetary Fund revised up its projections for economic growth this year in Brazil, Mexico and Argentina, Latin America’s three largest economies.
Meanwhile, the fund revised down its estimates for Chile, Colombia, Peru and Venezuela.
All in all, the IMF expects Latin America and the Caribbean to see a 1.2 percent GDP increase this year, slightly up from its earlier estimate of 1.1 percent.