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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