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World Bank cuts Mexico's 2014 growth forecast

Wednesday, June 11, 2014

The World Bank cut Mexico's economic growth forecast for this year from 3 to 2.3 percent.

The bank also cut the country's forecast for next year to 3.5 percent, down from the previous 3.8 percent.

But Mexico's growth prospects for the future are better due to a recovery in the U.S. economy and the country's proposed structural reforms.

Source (in Spanish): El Financiero