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.
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.
En su nueva edición, la publicación académica incluye además artículos sobre la complejidad económica y el desarrollo humano, el carácter sistémico del desarrollo tecnológico, y las desigualdades en la sociedad digital, entre otros temas.
Today ECLAC released new economic projections for the countries of the region. Lower expected growth will be accompanied by higher inflation and slow employment recovery.
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.
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.
The annual report “Preliminary Overview of the Economies of Latin America and the Caribbean 2020” will be released during a virtual press conference offered by the United Nations organization’s Executive Secretary, Alicia Bárcena, on Wednesday, December 16.
The traditional event will be held on March 23-24, 2017 in Santiago, Chile, and will be attended by finance ministers and undersecretaries and other authorities from countries in the region.
