The International Monetary Fund (IMF) maintained its growth projection for Mexico 0.2% in 2025 and 1.4% in 2026 through an update of its Economic Perspectives (Weo) report published Tuesday.
The agency, meanwhile, raised to 2.2% its growth projection for Latin America and the Caribbean in 2025, compared to 2% estimated in April, and maintained its forecast by 2026.
He also warned that the region continues to face challenges for the deceleration of world trade and geopolitical tensions in a context of prolonged uncertainty.
The IMF also warns that several countries, including Brazil, record high budget deficits in historically high levels of public debt, which could translate into more strict financial conditions, especially if doubts about fiscal sustainability persist in key sustainability in key economies such as that of the United States, with direct implications for Latin America.
In its projections review, the Fund provides that Brazil will grow 2.3% in 2025 and 2.1% in 2026, which represents an improvement of 0.3 and 0.1 percentage points, respectively, compared to April.
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In its review, the agency does not mention the recent tension generated after the announcement by the president of the US, Donald Trump, of an additional 50% tariff to Brazilian exports as of August 1, in retaliation for the trial against former president Jair Bolsonaro, accused of trying a coup d’etat.
For Argentina, it points a robust recovery, with an advance of its GDP of 5.5% in 2025 and 4.5% in 2026.
The report also warns that the new Trump -driven tariffs could hit strategic sectors such as copper, manufactures and agriculture in exporting countries such as Mexico, Chile, Brazil and Peru, with consequences on regional trade and international competitiveness.
With EFE information
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