IMF: Argentina Expected to Grow 4.5% in 2021, Partially Mitigating Pandemic’s Impact

IMF also estimated that the country's GDP in 2020 contracted 10,4%, while anticipating that in 2021 growth could reach 4,5% in 2021 and 2.7% the following year.

RIO DE JANEIRO, BRAZIL - The International Monetary Fund, IMF, lowered Argentina's negative growth estimate for 2020 to -4.5% from its previous -4.9% forecast, according to the World Economic Outlook (WEO) published this week and which covers some forty countries, including Argentina since it is a member of G20.

IMF also estimated that the country's GDP in 2020 contracted 10.4%, while anticipating that in 2021 growth could reach 4.5% next year.

The WEO report also points out that the recovery percentages won't be enough to mitigate the impact of the pandemic, as in the . . .

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