RIO DE JANEIRO, BRAZIL - More damage than any other region in the world, both in health and economy, was suffered by Latin America and the Caribbean last year, as a consequence of Covid-19. This is the starting point for the World Bank's analysis of the current scenario, which states that this translates into a drop in regional Gross Domestic Product (GDP) estimated to have reached 6.7% last year.
But as the first year of the pandemic is being left behind, the international organization foresees a moderate rebound for what is to come - 4.4% in 2021, revised. . .
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