Economics
Latin America Won’t See Pre-Virus Growth Until 2023, IMF Says
- Real per capita income won’t recover until 2025, fund projects
- Region set to suffer lasting scars from pandemic, IMF says
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Most countries in Latin America will be unable to return to their pre-pandemic growth levels until 2023, with the virus leaving deep scars on the hardest-hit region of the world, according to the International Monetary Fund.
Per capita income won’t recover until 2025, later than anywhere else, IMF western hemisphere director Alejandro Werner, assistant director Jorge Roldos, and economist Samuel Pienknagura wrote in a blog post on Thursday.