IMF Urges Latin America to Cut Debt and Boost Productivity
The IMF urged Latin American governments to cut public debt and raise productivity while global conditions remain favorable. The region faces rising debt and slowing growth forecasts.
The IMF urged Latin American governments on Friday to cut public debt and lift productivity while favorable conditions last. The region faces stalling fiscal adjustments and GDP growth projected at 2.3% this year. The forecast marks a 0.1 percentage point downgrade from July estimates.
