Cd. of Mexico (27 July 2021).- The International Monetary Fund raised its growth forecast for the Mexican economy in 2021 from the 5 percent from April to 6.3 current percent, as it would benefit from the better economic outlook of the United States.
For 2022, The agency also increased its GDP outlook for the Country of 3 a 4.2 percent.
In an update to its World Economic Outlook (WEO, for its acronym in English), The IMF maintained its forecast for world growth in the 6 percent for 2021, but it warned of increasing disparities between developed and emerging economies, mainly due to access to vaccines, but also to the budgetary policies of each country.
Advanced economies should register an average growth of the 5.6 percent this year, faster than expected (0.5 points more than the last forecast published in April), driven by strong US rebound (growth of 7 percent, 0.6 points more than in April) thanks to investment plans on the verge of being approved in Congress, according to IMF economic forecasts.
The agency predicts that emerging countries should also register growth in the 6.3 percent (-0.4 points), outlook revised downward, especially due to the effects that the Delta variant of the coronavirus has had in India.
The rise in prices observed around the world is caused by mainly temporary factors, the IMF also noted, which warned of the risks of inflation persisting longer than expected.
Fountain: The North