IMF Regional Economic Outlook in Latin America and Caribbean 'Weak' or 'Subdued' for Many Countries

The International Monetary Fund released its Regional Economic Outlook report on the Western Hemisphere, and Latin America is expected to see "low" projections. Latin America and the Caribbean's economic activity is forecast to "stay in low gear" during 2014. However, the IMF report stated Mexico will experience economic growth due to the stronger recovery of the United States and "normalization" of domestic factors.
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