Peru: IMF Hopes for Greater Economic Growth in 2016

teleSUR English 2015-10-07

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Financial experts are hoping for greater economic growth for developing nations in the coming year. At the meeting in Peru, an IMF economist said that robust global expansion remains elusive. It expects the Latin American economy to shrink 0.3 percent this year mainly due to low commodity prices. Nevertheless, it expects a recovery in 2016, with 0.6 growth. teleSUR

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