Latin America faces slower growth, debt challenges

Latin America faces slower growth, debt challenges

International Monetary Fund (IMF) Economy & Policy Debt Latin America Coronavirus

Latin America likely will see a slowdown in inflation this year, but challenges await as sovereigns face slower economic growth and higher debts and fiscal deficits in a year when global monetary and financial conditions are tightening, said Ilan Goldfajn, director of the Western Hemisphere Department at the International Monetary Fund (IMF). Consumer prices have been rising since the emergence from COVID-19 lockdowns in 2020 on the back of high global commodity prices (energy and food, in parti

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