Latam's low indebtedness level opens the way for anti-cyclical fiscal policies to spur economies, says ECLAC

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Latin America's public debt decreased in the last 25 years, according to a report from the Economic Commission for Latin America and the Caribbean (ECLAC). External public debt fell from 70% to 16% of the region’s GDP highlighted the fiscal analysis of the region, rising to near 40% when domestic public debt is added to calculations.

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