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IMF urges Latin America to cut debt, lift productivity while tailwinds last

Summary by WTVB
Oct 16 (Reuters) - The International Monetary Fund urged Latin American governments on Friday to take advantage of still-favorable global conditions to cut public debt and raise productivity, while it warned that a fiscal adjustment has stalled in ​man...

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IMF urges Latin America to cut debt, lift productivity while tailwinds last

·London, United Kingdom
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The International Monetary Fund (IMF) has urged governments in Latin America to take advantage of the current favorable conditions to reduce public debt and boost productivity. The fund warned that good access to financing may not be sustained while fiscal consolidation in many countries in the region has stalled. The IMF’s forecast for economic growth in Latin America and the Caribbean is 2.3 percent in 2026 and 2.5 percent in 2027, down 0.1 an…

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The Governments of Latin America must take advantage of the favourable conditions prevailing in the world economy in order to reduce high public debt and raise ... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

On Friday, the International Monetary Fund urged Latin American governments to take advantage of the global conditions, which remain favourable, to reduce public debt and increase productivity, while warning that fiscal adjustment has stagnated in many countries.The Fund's "Regional Economic Outlook" report foresees growth in the Western Hemisphere — including the United States and Canada — of 2.2% this year and 2.3% in 2027, a slight slowdown f…

·Mexico City, Mexico
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WTVB broke the news on Friday, October 16, 2026.
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