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5 September 2023 | Press Release

Latin American and Caribbean Economies Will Maintain Low Growth Levels in 2023 and 2024

In a new flagship annual report, ECLAC indicates that the region’s countries will continue to face an economic scenario of low growth. It is expected that regional Gross Domestic Product will grow 1.5% in 2024, slightly below the 1.7% estimated for the current year.

16 May 2023 | Press Release

Reducing Constraints on Growth and Development Imposed by Debt Service is Essential for Fiscal Policy Favorable to Economic and Social Development

The XXXV Regional Seminar on Fiscal Policy began at ECLAC headquarters in Santiago, Chile, with the participation of authorities from the Ministries of Finance of 14 Latin American and Caribbean countries.

12 January 2022 | Press Release

Latin America and the Caribbean’s Growth Will Slow to 2.1% in 2022 amid Significant Asymmetries between Developed and Emerging Countries

In its annual report Preliminary Overview of the Economies 2021, ECLAC emphasizes that 2022 will be a year of major challenges for growth, job creation and tackling the pandemic’s social toll.

8 July 2021 | Press Release

Growth in Latin America and the Caribbean in 2021 Will Not Manage to Reverse the Adverse Effects of the Pandemic

In a new report, ECLAC raised its regional growth estimate for this year to 5.2% based on an economic rebound but that does not ensure sustained expansion. It warns that the social impacts of the crisis are worsening and will continue during the recovery.

1 June 2021 | Press Release

Reform on the Multilateral Tax Debate is Needed in the Framework of the United Nations: Alicia Bárcena

ECLAC’s Executive Secretary participated in a session on a new global tax agenda as part of the Jobs Reset Summit organized by the World Economic Forum.

21 April 2021 | Press Release

To Drive the Economic Reactivation and Mitigate the Pandemic’s Negative Effects, It is Essential that the Region Maintain Expansionary Fiscal Policy

In its Fiscal Panorama 2021, ECLAC indicates that a transformative recovery post-COVID-19 necessitates a new strategic orientation for public spending and revenue.

16 December 2020 | Press Release

Latin America and the Caribbean Will Have Positive Growth in 2021, but It Will Not Be Enough to Recover Pre-Pandemic Levels of Economic Activity

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.

6 October 2020 | Press Release

For the Recovery and a Transformation towards Sustainable Economies and Inclusive Societies, Active Macroeconomic Policies must be Maintained and Deepened

ECLAC launched its Economic Survey of Latin America and the Caribbean 2020, an annual report in which it reaffirms that international cooperation, through better distribution of global liquidity, must underpin the expansion of policy space in the region.

8 July 2020 | Press Release

ECLAC Presents Five Proposals to Increase Fiscal Space in Caribbean Countries

In a special session of the United Nations High-level Political Forum on Small Island Developing States, ECLAC’s Executive Secretary, Alicia Bárcena, called for urgently providing concessional funds to address these countries’ vulnerabilities, regardless of their per capita income.

9 April 2020 | Press Release

60 International Agencies Urge Rapid, Coordinated Response as Pandemic Threatens to Destabilize Poor Countries’ Finances

Full copy of the report at: http://bit.ly/fsdr2020.

11 April 2019 | Press Release

Report Highlights Urgency of Mobilizing Sufficient Resources to Finance the Goals of the 2030 Agenda for Sustainable Development

More than 60 international organizations led by the United Nations released the Financing for Sustainable Development Report 2019.

23 March 2018 | Press Release

ECLAC Calls for Strengthening Fiscal Policy’s Role as Instrument of Stabilization and Driver of Economic Growth

In its annual publication “Fiscal Panorama of Latin America 2018”, the organization analyzes fiscal policy in the region over the last three decades and the implementation challenges of the 2030 Agenda.