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IMF projects that Latin America will recover pre-pandemic per capita income in 2024

RIO DE JANEIRO, BRAZIL - Latin America will recover the level of per capita income it had before the pandemic only in 2024, estimated Thursday the International Monetary Fund (IMF), which warned that the recent resurgence of Covid-19 clouds "short-term prospects" in the region.

"Per capita income will not return to pre-pandemic levels before 2024, resulting in cumulative losses of 30% compared to the pre-pandemic trend," Alejandro Werner, director for the Americas at the IMF, and two other economists said in an IMF blog.

In its latest "World Economic Outlook" (WEO) report published this month, the IMF . . .

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