Bloomberg: Venezuela leads economic growth in Latin America with Milei's Argentina in a tailspin

Published at: 04/01/2025 08:56 PM

According to a recent Bloomberg report, Venezuela led Latin American economic growth in 2024, with an uptick of 6.2%, above nations such as Brazil, while the Argentina of the extreme right Javier Milei registered a deep contraction of -3.2%.

These figures are confirmed by the Economic Commission for Latin America and the Caribbean (ECLAC) and contrast with the induced crisis that hit the Bolivarian nation in recent years as a result of unilateral coercive measures and the economic blockade imposed by the United States (USA).

In this regard, the report states that Venezuela has managed to stabilize its economy and shows signs of recovery, which President Nicolás Maduro attributed to the public policies implemented by his government.

Mazo News Team