The World Bank Cut Back Its Growth Projection for Argentina in 2025
14 Articles
14 Articles
The World Bank cut back its growth projections for the Argentine economy in the coming years.Despite the stagnation of activity in recent months, the Washington-based agency maintains a positive perspective for local GDP, although with a more moderate expansion than estimated at the beginning of the year.These are data that emerge from the Economic Report Latin America and the Caribbean, published today, in which it compiles the projections of t…
The agency expects an expansion of GDP of 4.6% for this year, the second highest in the region. In June it had projected 5.5%
Argentina’s gross domestic product will grow 4.6% this year, almost a point less than expected in the middle of the year, according to World Bank projections, which noted that in recent months the activity “was cooled” for political reasons. Presenting the report at a press conference, William Maloney, chief economist at the World Bank said that “there was a slight reduction in expected growth simply because the activity cooled a little by the e…
The World Bank reduced its growth projection for Argentina’s gross domestic product by 2025 to 4.6 per cent, which represents a decrease of almost a percentage point compared to the forecast of half a year. The international entity attributed this correction to a cooling of economic activity in recent months, motivated by political uncertainty linked to the elections and other unspecified factors. William Maloney, chief economist at the World Ba…
The World Bank revised downwards the country ' s outlook for the last report in June.
The World Bank, composed of 189 nations, reduced its projection of economic growth for Argentina from 5.5% to 4.6% this year. According to the Economic Report on Latin America and the Caribbean published by the multilateral body on Tuesday, in 2026, the South American nation will grow only to 4.0%. “The range of growth forecasts for 2025 among analysts has been reduced, indicating a lower uncertainty compared to previous years and the initial ph…
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