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IMF Reports Slower Global Growth, Argentina's Boom Ahead

4/24/2025

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Story summary

The IMF's April 2025 report projects global GDP growth at 2.8%, a decline from 3.3%.
Latin America's GDP growth is revised to 2%, with Mexico, Haiti, and Venezuela facing contractions.
Panama's growth forecast rises from 3% to 4%, while Argentina is set to be the fastest-growing economy.
Inflation forecasts were adjusted, notably with Argentina experiencing a 27-point decrease.

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Story summary

The IMF's April 2025 report projects global GDP growth at 2.8%, a decline from 3.3%.
Latin America's GDP growth is revised to 2%, with Mexico, Haiti, and Venezuela facing contractions.
Panama's growth forecast rises from 3% to 4%, while Argentina is set to be the fastest-growing economy.
Inflation forecasts were adjusted, notably with Argentina experiencing a 27-point decrease.