São Paulo – The United Nations (UN) believes that the world economy gained strength in the past six months. The global GDP growth forecast remains at 2.7% for 2017 and 2.9% for 2018.
The UN issued this Tuesday (16) a revised version of the estimates it had released early this year. Projections regarding the economies of Brazil and Latin America worsened.
The organization believes Brazil will see 0.1% growth in 2017, down from an earlier forecast of 0.6% as of January. The growth forecast for Latin America’s Gross Domestic Product (GDP) dropped to 1.1% from 1.3%.
*Translated by Gabriel Pomerancblum