IMF: Peru economy to grow 3.7% in 2018
In this sense, the multilateral organization revised downwards its 2018 growth forecast for the Inca country from 4% (January) to 3.7% (April).
The IMF also projected the world's economy will rise 3.9% in 2018 and 2019, higher than last year's global growth (3.8%).
"The global economic upswing that began around mid-2016 has become broader and stronger," the report reads.
Likewise, the IMF estimated Latin America's economic recovery will continue strengthening, with growth for the region projected to increase from 1.3% (2017) to 2.0% (2018), and 2.8% (2019). ■