ECLAC: Dominican econmy to grow 4.8%, 2nd in region: EFE
Santiago, Chile.- Latin America´s and the Caribbean´s economy
will grow only 0.5% in 2015, the Economic Commission for Latin America
and the Caribbean (ECLAC) said Wednesday in Santiago, and forecast
Dominican Republic´s growth at 4.8%, EFE reports.
In late 2014 the UN agency had projected a regional GDP increase of 2.2% which it slashed to 1.0% in April.
In its "Economic Survey of Latin America and the Caribbean 2015", released in the Chilean capital Wednesday, the ECLAC notes that although the slowdown is widespread in the region, the behavior of countries and subregions will be more heterogeneous.
As such South America would roll back 0.4%, while Central America and Mexico would grow an average 2.8%, and the Caribbean 1.7%, the report said.
Panama will lead the region with 6.0%, followed by Dominican Republic and Nicaragua (4.8%); Mexico achieved an increase in GDP of 2.4% and Argentina 0.7%, while Brazil will decline 1.5% and Venezuela 5.5%.
The ECLAC called for boosting investment to resume growth and improve productivity of the region´s economies.
In labor, the study warns that slower growth will have a negative impact on employment, with an increase in unemployment to 6.5% on average, from 6.0% last year.
In late 2014 the UN agency had projected a regional GDP increase of 2.2% which it slashed to 1.0% in April.
In its "Economic Survey of Latin America and the Caribbean 2015", released in the Chilean capital Wednesday, the ECLAC notes that although the slowdown is widespread in the region, the behavior of countries and subregions will be more heterogeneous.
As such South America would roll back 0.4%, while Central America and Mexico would grow an average 2.8%, and the Caribbean 1.7%, the report said.
Panama will lead the region with 6.0%, followed by Dominican Republic and Nicaragua (4.8%); Mexico achieved an increase in GDP of 2.4% and Argentina 0.7%, while Brazil will decline 1.5% and Venezuela 5.5%.
The ECLAC called for boosting investment to resume growth and improve productivity of the region´s economies.
In labor, the study warns that slower growth will have a negative impact on employment, with an increase in unemployment to 6.5% on average, from 6.0% last year.
Here is Mr Benjamin contact Email details,lfdsloans@outlook.com. / lfdsloans@lemeridianfds.com Or Whatsapp +1 989-394-3740 that helped me with loan of 90,000.00 Euros to startup my business and I'm very grateful,It was really hard on me here trying to make a way as a single mother things hasn't be easy with me but with the help of Le_Meridian put smile on my face as i watch my business growing stronger and expanding as well.I know you may surprise why me putting things like this here but i really have to express my gratitude so anyone seeking for financial help or going through hardship with there business or want to startup business project can see to this and have hope of getting out of the hardship..Thank You.
ReplyDelete