Latin America rebound not enough to recover from COVID-19, says report
The Peninsula
BRASILIA - The COVID-19 pandemic has caused such extreme unemployment and poverty in Latin America and the Caribbean that a "statistical rebound" in growth this year will not be enough to overcome it, regional United Nations organizations said in a Thursday report.
Latin America's economy is expected to grow 5.9% this year and 2.9% in 2022, said the U.N. Economic Commission for Latin America and the Caribbean (ECLAC) and the Pan American Health Organization (PAHO), sticking to a prior forecast.
However, that is not enough to recover from the social and public health crises triggered by COVID-19, which drove economic output 6.8% lower in 2020.
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