2024-04-23 07:31:12
Due to the impact that fiscal consolidation can have on Mexico and the deceleration registered since the end of the year, the International Monetary Fund cut the growth projection for Mexico from 2.7% to 2.4% during 2024.
For the Fund’s economic specialists, one of the main evidence is the slowdown in the last quarter, as well as the contraction of manufacturing.
When the World Economic Overview (WEO) was released, a pronounced decline was anticipated for the Mexican economy in 2025 where a GDP of 1.4% is expected, which was also cut from the 1.5% that was projected at the time. start of the year.
On the contrary, the global economy will grow 3.2% this year and the same next year, a sign of “extraordinary resilience,” with an improvement in developed countries like the United States, the IMF projected.
“The global economy continues to show considerable resilience, with growth remaining stable and inflation declining, but many challenges remain,” IMF chief economist Pierre-Olivier Gourinchas told reporters.
“The road has been bumpy,” due to problems in the supply chain, a war in Ukraine that triggered a food crisis and a rise in inflation, followed by an increase in interest rates, explains the IMF. energy crisis and
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2024-04-23 07:31:12