Mixed economic figures on L. American economies

Recent figures from the International Monetary Fund praised Latin America’s responsible economic growth and has an optimistic look for the region over the next year. Not every country has had equal amounts of success, however. Though Venezuela has the third-biggest economy in Latin America, its inflation rate may grow to be one of the highest in years by December according to financial analysts. On the other hand, inflation in Peru has continued to go down to the very low figure of 1.89%.

In addition, a government survey in Costa Rica showed that economic inequality in the country has increased despite a slight drop in the poverty level. Also, Jamaica signed a multi-million development aid deal with the U.N. that would provide aid from 2007 to 2011.

Links- Bloomberg, People’s Daily Online, Jamaica Gleaner, BBC News

Tags- Costa Rica, Venezuela, Peru, Jamaica, international economy, Latin America, International Monetary Fund