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14 December 2023 | Press Release

Economic Activity in Latin America and the Caribbean Continues to Exhibit a Low Growth Trajectory: ECLAC

The United Nations regional organization released today its last economic report for the current year, indicating that the region will grow 2.2% in 2023 and 1.9% in 2024.

5 September 2023 | Press Release

Latin American and Caribbean Economies Will Maintain Low Growth Levels in 2023 and 2024

In a new flagship annual report, ECLAC indicates that the region’s countries will continue to face an economic scenario of low growth. It is expected that regional Gross Domestic Product will grow 1.5% in 2024, slightly below the 1.7% estimated for the current year.

16 May 2023 | Press Release

Reducing Constraints on Growth and Development Imposed by Debt Service is Essential for Fiscal Policy Favorable to Economic and Social Development

The XXXV Regional Seminar on Fiscal Policy began at ECLAC headquarters in Santiago, Chile, with the participation of authorities from the Ministries of Finance of 14 Latin American and Caribbean countries.

15 May 2023 | Press Release

Ministers of Finance of CELAC meet to discuss the design of a common regional agenda in response to the global economic crisis

The meeting, held at the ECLAC headquarters in Santiago, Chile, was attended by authorities from 18 Latin American and Caribbean countries.

12 January 2022 | Press Release

Latin America and the Caribbean’s Growth Will Slow to 2.1% in 2022 amid Significant Asymmetries between Developed and Emerging Countries

In its annual report Preliminary Overview of the Economies 2021, ECLAC emphasizes that 2022 will be a year of major challenges for growth, job creation and tackling the pandemic’s social toll.

8 July 2021 | Press Release

Growth in Latin America and the Caribbean in 2021 Will Not Manage to Reverse the Adverse Effects of the Pandemic

In a new report, ECLAC raised its regional growth estimate for this year to 5.2% based on an economic rebound but that does not ensure sustained expansion. It warns that the social impacts of the crisis are worsening and will continue during the recovery.

11 March 2021 | Press Release

The Pandemic is Prompting Higher Debt Levels in the Region’s Countries and Jeopardizing a Sustainable Rebuilding with Equality

In a new special report on COVID-19, ECLAC proposes five policy actions to address the challenges that the financing for development agenda poses in the short, medium and long term.

16 December 2020 | Press Release

Latin America and the Caribbean Will Have Positive Growth in 2021, but It Will Not Be Enough to Recover Pre-Pandemic Levels of Economic Activity

In its Preliminary Overview of the Economies of the region, ECLAC forecasts an average contraction of -7.7% for 2020 – the largest in 120 years – and a rebound of 3.7% in 2021.

26 November 2020 | Press Release

Alicia Bárcena Urges for an Articulated Response to the Crisis, with Greater Cooperation between Multilateral Financial Institutions, to Achieve Sustainable and Egalitarian Growth

ECLAC’s Executive Secretary participated today in a seminar organized by the regional commission in conjunction with the Latin American Reserve Fund (FLAR).

6 October 2020 | Press Release

For the Recovery and a Transformation towards Sustainable Economies and Inclusive Societies, Active Macroeconomic Policies must be Maintained and Deepened

ECLAC launched its Economic Survey of Latin America and the Caribbean 2020, an annual report in which it reaffirms that international cooperation, through better distribution of global liquidity, must underpin the expansion of policy space in the region.

10 September 2020 | Press Release

Caribbean Countries Call for Implementing Urgent Solutions to Support Financing for Development in the Era of COVID-19 and Beyond

Authorities from more than 25 countries met with ECLAC and other multilateral organizations at the Caribbean Development Roundtable and the Caribbean Development and Cooperation Committee.

29 April 2020 | Press Release

Borrowing is Not an Option for Caribbean Countries, Access to Concessional Funding and Debt Relief is Urgently Needed to Face the COVID-19 Crisis

Caribbean Heads of State and Finance Ministers met with ECLAC’s Executive Secretary Alicia Bárcena, to analyze debt relief proposals and other measures to fight the effects of the pandemic.

26 April 2018 | Press Release

Caribbean Development Roundtable Brings Together Ministers to Discuss Economic Growth and Climate Resilience

The meeting convened by ECLAC and hosted by the Government of Saint Lucia, took place today in Gros Islet.