ReferIndia News World Bank Lowers Economic Growth Forecast for Latin America and the Caribbean

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World Bank Lowers Economic Growth Forecast for Latin America and the Caribbean

Published on: April 9, 2026, 3:05 a.m. | Source: Devdiscourse

The World Bank revised its 2026 economic growth forecast for Latin America and the Caribbean, predicting a decrease to 2.1%. This reduction reflects ongoing structural challenges, low investment, and global uncertainties affecting the region's economy. The update highlights that private consumption remains a key growth driver.

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