Ecuador’s central bank raises 2025 GDP growth forecast
- Country:
- Ecuador
Ecuador's central bank on Monday raised its GDP growth projection for 2025 to 3.8%, up from a previous forecast of 2.8%.
The central bank also forecast GDP growth of 1.8% for 2026, according to a statement.
The government has said the economy, which shrank 2% in 2024, is recovering thanks to higher exports and more domestic consumption.
Also Read: Ecuador Revamps Subsidy Strategy to Boost Social Welfare
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