FIDE says economy will grow 5.6% in 2021

The economy would grow by about 5.6% in 2021, with a strong acceleration in the second quarter, while exports would increase by 10%, due to higher prices of exportable products and the rapid economic recovery of trading partners, estimated the Development Research Foundation (FIDE). The positive performance of China and the signs of recovery in Brazil will have a favourable impact on the local economy, so the economic contraction would be less than expected this year and would reach 10.1%, lower than that included in the Budget.

Source: Ámbito