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Mexico only major economy projected to shrink in 2025, IMF report shows

  • The IMF projects a 0.3% contraction in Mexico's GDP for 2025, linking it to tariffs imposed by the United States and geopolitical uncertainty.
  • President Claudia Sheinbaum disputes the IMF's report, emphasizing her government's economic models and a plan to strengthen the economy.
  • The OECD also forecasts a 1.3% GDP contraction for 2025, citing trade tensions and inflation in critical sectors.
  • Sheinbaum emphasizes the importance of Plan Mexico, which aims to boost domestic output and create jobs, contrary to the IMF's outlook.
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udgtv broke the news in on Tuesday, April 22, 2025.
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