Future prospects for the world are increasing, as agreed with the International Monetary Fund (IMF), in Latin America there is no exception. The region’s economy will grow to 4.6% this year, according to the body, with a mid-percentage point more than its latest estimate, published in January. This is the second update since the Fund estimates the region in a consecutive manner. The advances in vacancy, the adaptability of a part of the work to be taken from the house and the enormous tax and monetary estimates in the world economics are impulsive and a recovery as fast as the forecast. In 2022, the rebate will be more slow: for this year, the Washington-based system predates that Latin America will grow by 3.3%, two decimals more than it should be now. In both cases, the revision of this is identical to the world in its context.
“We are now planning a higher recovery in 2021 and 2022 for the global economy in comparison with our previous prognostic, with a projected growth rate of 6% in 2021 and 4.4% in 2022”, the FMI said in its report. “No matter,” he said, “the perspectives present enormous challenges related to the divergence in the speed of recovery such as the numbers within them and the potential of persistent economic deaths due to the crisis.”
The largest economies in the region, Mexico and Brazil, will increase this year by 5% and 3.7% respectively. For 2022, the prognosis is less optimistic, with a projection of 3% for Mexico and 2.6% for Brazil. “We will have a strong future in 2020, only a recovery will be expected and there will be varying speeds in Latin America and the Caribbean in 2021,” said the fund’s experts. Thanks to the global breakdown of manufacturers in the second half of 2020, the crime rate exceeded expectations in some large country exporters in the region such as Argentina, Brazil and Peru, rising by 4.6% forecast for 2021.
“Without embarrassment, the most far-reaching perspectives on the pandemic tray sector are,” the multilateral advised. “With some exceptions, such as Chile, Costa Rica or Mexico, the majority of countries do not have enough vacancies to cover their populations. Moreover, the projections for 2021 for the Caribbean economies dependent on tourism have been revised downwards by 1.5 percentage points, up to 2.4% ”. The IMF calculation for the gross domestic product of the cayo region 7% in 2020.
“In the wake of the current crisis over the truck that will wreak havoc on the pandemic, a health and economic crisis crisis has already taken its toll on the country,” the IMF report said. While vacancies are declining and the transmission of the new coronavirus is slowing down, there is chaos in the global system, and human beings are adapting their work to the economy, increasing productivity and economic activity. ensure the report published on March. “The additional fiscal support in some economies (especially in the United States) —in addition to a fiscal response that preceded this year and a continuous monetary policy — better than the economic perspectives”.
The contraction of activity in 2020 “without precedents in the living memory of its velocity and natural synchronization”, but the Fund ensures that there is much peor. “Although it is difficult to say with precision, the estimates of the FMI’s technical staff suggest that the contraction has been taken by three mayors and is not hesitant about the extraordinary support of politicians. It is important to do so in order to prevent a pandemic and to avoid the divergence in the gap between the economies and the persistent increase in the inequality between the countries, ”he said.