Puerto Vallarta News

Puerto Vallarta News

The International Monetary Fund Expects Mexico’s Economy to Grow in 2014

The International Monetary Fund expects Mexico’s economy to show an upturn in the coming months and grow 3 percent in 2014, the director of that organization’s Western Hemisphere Department said.

Alejandro Werner, a former Mexican deputy finance secretary, told CNNExpansion that there is a high probability of a “positive surprise” after the weak results in the year’s first few months.

Even so, the IMF’s forecast for 3 percent growth is still well below that of Mexico’s Finance Secretariat, which expects the economy to expand by 3.9 percent this year.

Mexico grew at a paltry . . .

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