Venezuela's GDP to Decline Further in 2019, Bringing Losses to Over 50% Since 2013 - IMF
The ongoing crisis in Venezuela will continue to take a toll on the country's economy, resulting in accumulated GDP losses of more than 50 percent since 2013, the International Monetary Fund projected on Friday
WASHINGTON (Pakistan Point News / Sputnik - 25th January, 2019) The ongoing crisis in Venezuela will continue to take a toll on the country's economy, resulting in accumulated GDP losses of more than 50 percent since 2013, the International Monetary Fund projected on Friday.
"Real GDP is projected to decline further in 2019, bringing the cumulative decline since 2013 to over 50 percent," the IMF said in its newly published Regional Economic Outlook for Latin America and the Caribbean.