By Marion Giraldo
(Reuters) – Latin American countries will grow more than expected this year, in large part due to the rapid rise in raw material prices that sustain exports, and as the recovery, albeit uneven, from the pandemic progresses. of Covid-19, said on Tuesday the International Monetary Fund (IMF).
In its Global Economic Outlook report, the Fund raised its economic growth forecast for the region to 6.3%, up 0.5 percentage point from its July estimate and 1.7 point from April’s calculations.
This is despite a downward adjustment in projections for Mexico and Brazil, both with 0.1 point reductions in their estimates for this year compared to April. The IMF now forecasts expansion of 5.2% in Brazil in 2021 and 1.5% in 2022.
Mexico should have an expansion of 6.2% this year and 4% next.
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