Displaying items by tag: 20222024
Tuesday, 12 April 2022 03:14
IDB forecasts a 1.5% reduction in GDP growth for 2022-2024
According to the IDB, growth scenarios for individual countries depend on a variety of factors, from their trade links with Russia to their level of indebtedness. In general, the combined effect of the global growth, commodity and financial sector shocks is a reduction in growth in Latin America and the Caribbean compared to the pre-war scenario, and an expected recovery of the region towards the end of 2023 and in 2024.
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Finances