Several economic experts for the countries of Latin America have warned that the region is facing "a lost decade" in terms of economic growth that will last until 2025, since the levels of GDP per capita of 2014 will not be recovered until said year. .
This is one of the conclusions shared by…
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World Bank
WB issues alert on growth in Latin America
The chief economist for the Latin America and Caribbean region of the World Bank, William Maloney, expressed his concern about the low economic growth that is forecast for the coming months in the Latin American region, highlighting at the…
The World Bank assures that the Latin American economy will grow by 3 %
The World Bank estimates that the Gross Domestic Product (GDP) of Latin America and the Caribbean will grow 3 % in 2022, a rate higher than expected due to the increase in the prices of raw materials.
However, the agency estimates that…
World Bank will help combat climate change
The World Bank announced that it will provide support to Latin America to be able to face the situation with climate change, through adaptation strategies.
The Latin American and Caribbean region generates 8 % of the world's greenhouse gas…
World Bank approves 200 million dollars for Ecuador
The Executive Board of the World Bank approved an additional credit for 200 million dollars to finance the Social Protection Systems project in Ecuador with the objective of reducing malnutrition in "pregnant women and children under 24…
World Bank forecasts low economy growth
The World Bank recently said that the growth of the global economy was somewhat lower than previously expected.
According to the financial institution, a "prolonged period of low growth and high inflation" is likely to occur, mainly in…
Damages from attacks on Ukraine valued at $60 billion
The World Bank affirmed that the costs of material damage suffered by Ukraine since the beginning of the war amount to nearly 60 billion dollars, and warned that the figure does not include the "increasing costs" of the conflict with Russia…
Colombian economy will grow 6 % in 2022
International organizations such as the World Bank and the International Monetary Fund published their estimates of economic growth for Latin American countries, where Colombia stands out with growth in the order of between 4 % and 6 % by…
BM estimates growth in Latin America at 2.3%
The World Bank lowered the estimate for GDP growth in Latin America and the Caribbean for this year by about 0.4 points, to 2.3%, as a result of higher inflationary pressures derived from the war between Russia and Ukraine.
In a new…
World Bank grant important loan to Ecuador
The executive board of the World Bank granted a loan of 700 million dollars in favor of Ecuador, with the objective that the country allocate resources to support the fight against Covid-19, promote economic growth, job creation and climate…
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…
World Bank allocates 93,000 million dollars to poor countries
The World Bank created 93 billion dollars fund to help the poorest countries recover from the crisis caused by the pandemic and to finance other programs. The president of the organization, David Malpass, considers that the "generous…