ECLAC: Venezuela Improves Growth Forecast for 2025 Despite Regional Slowdown  

In its Economic Survey of Latin America and the Caribbean 2025, ECLAC warns that the region is going through a phase of lower dynamism following the rebound seen at the beginning of 2024. Regional GDP growth will decline from 2.3% in 2024 to 2.2% this year, confirming a decade of low growth with an average expansion of just 1.2% between 2016 and 2025—even lower than that recorded in the 1980s.

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Chinese investors to develop farmland in western Monagas to boost agro-food zone

Monagas governor Ernesto Luna announced on Wednesday the signing of an agreement with the Chinese investment group China Ai, aimed at developing an ambitious agro-industrial project on lands in western Monagas. The initiative includes the creation of several joint ventures and an International Investment Fund, with the goal of driving food production and exports from the region.

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