The IMF on Friday urged Latin American governments to use still-favourable global financing conditions to reduce public debt and raise productivity, saying fiscal adjustment has stalled in many countries and public debt continues to rise. In its Regional Economic Outlook the IMF projects Western Hemisphere growth of 2.2% in 2026 and 2.3% in 2027, versus 2.4% in 2025. Latin America and the Caribbean are forecast to grow 2.3% in 2026 and 2.5% in 2027, downgrades of 0.1 and 0.2 percentage points fr

The IMF on Friday urged Latin American governments to use still-favourable global financing conditions to reduce public debt and raise productivity, saying fiscal adjustment has stalled in many countries and public debt continues to rise. In its Regional Economic Outlook the IMF projects Western Hemisphere growth of 2.2% in 2026 and 2.3% in 2027, versus 2.4% in 2025. Latin America and the Caribbean are forecast to grow 2.3% in 2026 and 2.5% in 2027, downgrades of 0.1 and 0.2 percentage points from July. IMF Western Hemisphere director Nigel Chalk warned current favourable financing conditions may not persist.