Latin America to grow 5.9% this year, 2.9% in 2022, says U.N. economic body By Reuters

Latin America to grow 5.9% this year, 2.9% in 2022, says U.N. economic body By Reuters

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BRASILIA (Reuters) – Latin America’s economy is expected to grow 5.9% this year and 2.9% in 2022, which is not enough to recover from the crisis caused by the COVID-19 pandemic, according to a regional forecast by multilateral bodies on Thursday.

The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) and the Pan American Health Organization said in a report that the pandemic had brought an unprecedented increase in unemployment and extreme poverty in the region.

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