IMF: Outlook for Argentina should wait until ‘uncertainty’ is over

The International Monetary Fund excluded the outlook for Argentina in its latest report of expectations for Latin America and the Caribbean, due to the current “uncertainty” about its policy, said the director of the Department of the Western Hemisphere, Alejandro Werner. Until the next April review, the financial body will keep its October projections of a 1.3% drop in 2020 and an improvement of 1.4% in 2021. For the whole region, the IMF forecasts a 1.6% growth in 2020 and 2.3% in 2021.

Source: BAE Negocios