Tag: World Economic Outlook

Tuesday, July 16th 2024 - 20:19 UTC
Argentina's economic fall worse than expected, IMF foresees

According to the latest issue of the International Monetary Fund's World Economic Outlook (WEO) report, Argentina's Gross Domestic Product (GDP) is expected to fall 3.5% in 2024, which represented a setback from the 2.8% predicted back in April. Regarding next year, the IMF kept the 5% growth projection unchanged.
Tuesday, June 11th 2024 - 22:17 UTC
World Bank foresees economic deterioration for Argentina this year

According to the latest “World Economic Outlook” report released Tuesday by the World Bank from its headquarters in Washington DC, Argentina's economy is expected to fall sharply this year, thus becoming the Latin American country going through the tightest contraction in the region before rebounding in 2025. The study projected a 3.5% drop this year followed by a 5% surge in 2025, thus outperforming the rest of the continent.
Wednesday, April 17th 2024 - 10:55 UTC
IMF says Argentina improving but results not expected this year

According to the World Economic Outlook released Tuesday by the International Monetary Fund (IMF), Argentina's inflation in 2024 is expected to reach 149.4%. The study also forecasted that the country's economy would fall by 2.8% this year only to bounce back in 2025 by 5%. The Consumer Price Index (CPI) would be dropping to 45%.
Wednesday, January 31st 2024 - 10:59 UTC
IMF foresees gloomy near future for Argentina

Following President Javier Milei's latest measures, the International Monetary Fund (IMF) Tuesday reviewed for the worse its projections for Argentina's economy this year (-2.8%) and forecasted inflation would remain high in the short term.
Tuesday, January 31st 2023 - 08:37 UTC
The UK economy forecasted to contract 0,6% this year, IMF report

The UK economy this year is forecasted to perform worse than similar advanced economies, and is estimated to contract by 0,6%, according to the latest report from the IMF. The new forecast reflects UK's high energy prices and strong inflation.
Wednesday, October 12th 2022 - 09:26 UTC
IMF anticipates recession in Germany and Italy next year and an almost halt for the UK economy

The International Monetary Fund (IMF) on Tuesday predicted that Germany and Italy would both fall into recession next year, while Great Britain the G7 best performing economy this year, will come to an almost halt in 2023, following on the announcement of the mini budget by the Liz Truss government.
Friday, July 29th 2022 - 19:15 UTC
Boosted by Brazil and Mexico, Latin America's economy expected to expand 3% in 2022, IMF

Given the improved performance of Latin America's largest economies, particularly Brazil, Mexico, Colombia and Chile, the IMF has raised the 2022 growth projection for the Latam and the Caribbean.
Friday, January 29th 2021 - 08:55 UTC
Argentina expected to grow 5,4% in 2021, far from mitigating pandemic's impact

The International Monetary Fund, IMF, lowered Argentina's growth estimate for this year to 4,5% from its previous 4.9% forecast, according to the World Economic Outlook, WEO, delivered this week and which includes some forty countries, among which Argentina since it is a member of G20.
Wednesday, January 27th 2021 - 09:20 UTC
China recovers pre-pandemic growth and is expected to expand 8,1% in 2021 and 5,6% in 2022, IMF

IMF projects China's economy will grow 8.1% in 2021 and 5.6% in 2022. The global growth is expected to be 5.5% in 2021 and 4.2% in 2022 after an estimated 3.5% contraction in 2020, according to the latest World Economic Outlook (WEO) released on Tuesday.
Thursday, April 30th 2020 - 08:21 UTC
Paraguay one of the countries to first bounce back after post coronavirus

Mercosur member Paraguay has a high likelihood of bouncing back best once the novel coronavirus is contained, Rebeca Grynspan, head of the Ibero-American General Secretariat (SEGIB), told Radio Nacional del Paraguay on Thursday.