MercoPress. South Atlantic News Agency

IMF trims Latin America’s outlook to 2.3% and sharply cuts Argentina’s

The International Monetary Fund has lowered its 2026 growth forecast for Latin America and the Caribbean to 2.3%, a tenth of a point less than in July, and sharply cut Argentina’s, from 3.5% to 2.1%. Chile and Uruguay are also among the region’s largest downward revisions, according to the World Economic Outlook presented on Monday in Bangkok, during the annual meetings of the Fund and the World Bank. Read full article