The Economic Commission for Latin America and the Caribbean (ECLAC) considers that the increase in indebtedness levels in the Latin American region requires an urgent transformation of the international financial architecture of sovereign debt, with the objective of to offer countries different…
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ECLAC
ECLAC projects economic growth of 5 % for Venezuela
The economic growth projection for Venezuela this 2023 is estimated at 5 %, according to the recent report by the Economic Commission for Latin America and the Caribbean, ECLAC.
This Thursday, the agency updated the economic growth…
ECLAC urges to reduce labor informality to face low productivity in LA
The executive secretary of the Economic Commission for Latin America and the Caribbean (Cepal), José Manuel Salazar-Xirinachs, has urged addressing the problem of labor informality in Latin America in order to improve the region's…
Latin America could face poverty crisis
The Economic Commission for Latin America and the Caribbean (ECLAC) warned that the Latin American region is facing a "serious social crisis" and that poverty levels by 2022 will be 32.1 % of the population. total, a figure higher than that…
ECLAC improved growth forecasts for Latin America
ECLAC indicated this Tuesday that the growth projection for Latin America and the Caribbean went from 1.8 to 2.7 %, which shows a slight increase. The agency gave details of GDP expansion on Tuesday when announcing forecasts for economic…
The Gross Domestic Product of Mexico grew by 5 % in 2021
The Gross Domestic Product (GDP) of Mexico experienced a growth of 5 % in 2021 compared to the previous year, according to preliminary estimates from the National Institute of Statistics and Geography (Inegi), falling below the forecasts of…
Poverty in Latin America continues to grow
Latin America has added five million more people to the situation of extreme poverty throughout 2021, going from 81 to 86 million people, affected by the coronavirus pandemic and the social crises of the continent, according to the Economic…
Latin America will slow down its growth rate in 2022
Latin America and the Caribbean will decelerate their economic growth rate in 2022 to 2.1%, after having observed an average growth of 6.2% last year, according to new projections provided by the Economic Commission for Latin America and…
In 2020 Latin America lost 56,000 million dollars
Foreign direct investment from Latin America and the Caribbean fell by 34.7 %, representing a loss of 56,000 million dollars and the lowest level in a decade, according to a new report by the Economic Commission for Latin America and the…
AST & Science will seek to bring broadband to Latin America
The merger between the US companies AST & Science and New Providence Acquisition Corp. will allow Latin America and Mexico to have a better broadband connection.
The merger of these companies, in addition to now having an estimated…
ECLAC: Growth in Latin America will be 3.3 %
The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) updated its forecasts for the Latin American region, with a projection of growth of the Gross Domestic Product (GDP) of 3.7 % in 2021, after a fall of 7.7 %…
ECLAC indicates that Latin American GDP should grow at 4 %
The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) indicated that the Gross Domestic Product (GDP) of the region should grow at an interannual rate of 4 % and carry out a redistribution of up to 3 % of annual…