RIO DE JANEIRO, BRAZIL - The Economic Commission for Latin America and the Caribbean (ECLAC) on Tuesday (31) published a report in which it revised its projection for gross domestic product (GDP) growth in Latin America and the Caribbean upwards to 5.9% this year. In July, the forecast stood at 5.2%.
For 2022, the current forecast is of 2.9% growth.
The report released on Tuesday is entitled "Latin America and the Caribbean Economic Study 2021: Labor Market Dynamics and Employment Policies for a Sustainable and Inclusive Recovery beyond the COVID-19 Crisis."
The organization cautions that the pandemic . . .