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IMF Head: Latin America Economic Situation “Dramatic”, Structural Changes Needed

RIO DE JANEIRO, BRAZIL - Kristalina Georgieva, head of the International Monetary Fund (IMF), said Tuesday during an online conference for the Council of the Americas that the pandemic left Latin America in a "quite dramatic" economic situation, but said this should "serve the future" and called for "structural changes".

According to the international lending institution's official, the region is the hardest hit by the coronavirus at the global level. "Unfortunately for Latin America, the region has been severely affected," she said.

According to her, with the pandemic it became clear that governments are not investing enough in their healthcare . . .

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