Paraguay ‘took off’ from Brazil and contained economic damage from pandemic – Paraguayan Finance Minister

The coronavirus pandemic has caused the largest drop in Latin American economies in 120 years, according to recent data from ECLAC, but Paraguay declined the least.

RIO DE JANEIRO, BRAZIL - Paraguay's economy shrank the least in Latin America in 2020; BBC News Brazil spoke with Paraguay's Finance Minister Oscar Llamosas Díaz, who said the nation has achieved "a detachment from its neighbors."

The coronavirus pandemic has caused the largest drop in Latin American economies in 120 years, according to recent data from the Economic Commission for Latin America and the Caribbean (ECLAC).

On average, says the organization, the retraction was 7.7%, and the recovery of about 3.7%, expected this year, will not be enough to return the region to pre-pandemic . . .

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