LatAm, Caribbean recovery will be slow, IMF says

LatAm, Caribbean recovery will be slow, IMF says

Debt Corporate & Sovereign Strategy Economy & Policy Project & Infrastructure Finance Latin America Coronavirus

Latin American and the Caribbean will not see economic activity return to pre-pandemic levels until 2023, while GDP per capita is not expected to return to where it was until 2025, despite strong numbers in the manufacturing and service sectors in the second half of last year, according to Alejandro Werner, head of the Western Hemisphere department at the International Monetary Fund (IMF). "Full recovery is still a long way ahead," Werner said in a blog post on the IMF website on Monday. "The cr

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