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Central America stars amid a gloomy scenario

Wednesday, December 26, 2018


Economic growth for Latin American growth as a whole, is likely to reach a dismal 1.7 percent growth rate for the upcoming year, but the forecast for Central America is a robust 3.3 percent, according to Eclac's most recent figures.

The region faces a complex world-wide scenario for the coming years, with lower economic growth in both the developing and and emerging economies, says Cepal.

As far as the nations are concerned, the leaders in terms of growth are the Dominican Republic, at 5.7 percent and Panama at 5.6. At the opposite extreme, Venezuela faces a contraction of 10 percent, while Nicaragua will be minus 2 percent.