‘Crisis will be deeper and longer than expected’ says regional economic commission

'Crisis will be deeper and longer than expected' says regional economic commission

Alicia Bárcena, executive secretary, Economic Commission for Latin America and the Caribbean (CMC photo). (CMC): The Economic Commission for Latin America and the Caribbean (ECLAC) says the region is not likely to see a return to pre-COVID-19 growth rates before 2025.

Addressing a high-level virtual meeting, organised by the Association of American Chambers of Commerce in Latin America and the Caribbean (AACCLA), ECLAC’s executive secretary, Alicia Bárcena predicted that the crisis will be “longer and deeper than expected," and given the uncertainty COVID-19 has created “it will take several years to be able to recover."

“If we consider the average […]

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