The IMF reduces its growth forecast for Mexico to 2.4% this year.

El Pais

Lean Left

High Factuality

Media Conglomerate: PRISA

The IMF reduces its growth forecast for Mexico to 2.4% this year.

Despite the country's promotion as an ideal destination for relocating production chains to be closer to the United States, the International Monetary Fund (IMF) predicts that the economy will slow down this year in Mexico. In its most recent World Economic Outlook report, published on Tuesday, the multilateral institution assures that manufacturing in Mexico will suffer a contraction this year. The country's Gross Domestic Product (GDP) will gr…