UPDATE 1-IMF projects LatAm economic growth at 1.6% in 2023, 2.2% in 2024

Kitco Media
By Reuters
Published:
Updated:
Reuters
(Updates with detail on Brazil, Mexico) MEXICO CITY, April 11 (Reuters) - The International Monetary Fund, in a report published Tuesday, pegged economic growth in Latin America and the Caribbean at 1.6% in 2023 and 2.2% in 2024. The 2023 growth projection is down from a January forecast, while the 2024 projection is up slightly. Brazil, the region's largest economy, is projected to grow 0.9% in 2023 and 1.5% in 2024, the IMF said.


Mexico is expected to grow 1.8% this year and 1.6% the following year.


(Reporting by Kylie Madry; Editing by Brendan O'Boyle)

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