Only Peru and Chile will “experience” an economic “rebound” in Latin America the current year, despite the difficult economic situation the region goes through given the decline in commodity prices, which will have a negative impact on countries: Argentina, Brazil and Venezuela, the International Monetary Fund projected.
The IMF’s Regional Economic Outlook for the Western Hemisphere, released in Santiago (Chile) today, projects growth in Latin America and the Caribbean at 0.9% in 2015, down from 1.3% in 2014.
The multilateral organization estimates Peruvian economy will grow by 3.8% this year, after having expanded by 2.4% in 2014. Chile has been estimated to grow by 2.7% in 2015. Last year it expanded by 1.8%