In its Preliminary Overview of the Economies of the region, ECLAC forecasts an average contraction of -7.7% for 2020 – the largest in 120 years – and a rebound of 3.7% in 2021.
ECLAC’s Executive Secretary participated as a featured panelist in the seminar “Social and Economic Challenges in Latin America and the Caribbean in the Post-Pandemic Period,” organized by Flacso Chile.
A new report by ECLAC warns that the crisis unleashed by the coronavirus illness could lead to a contraction of at least -1.8% in Latin America and the Caribbean’s GDP in 2020.
ECLAC’s Executive Secretary participated today in a virtual meeting on the role of Latin America and the Caribbean’s Social Development Ministries in the face of the COVID-19 pandemic, which was organized by Mexico’s Secretariat of Welfare and the UN Regional Commission.
The UN regional commission’s Executive Secretary, Alicia Bárcena, will hold a virtual press conference on Friday, April 3, from the organization’s central headquarters in Santiago, Chile.
ECLAC’s Executive Secretary, Alicia Bárcena, warned that the region’s economies will suffer the pandemic’s negative consequences via numerous channels.