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Latin America's economy will return to growth in 2021 - ECLAC - Metro US

Latin America’s economy will return to growth in 2021 – ECLAC

A man waits at a tram station in front of an abandoned unfinished building in Rio de Janeiro

(Reuters) – The economy of Latin America will return to growth in 2021 after a deep recession driven by the coronavirus pandemic this year, the U.N. economic commission for the region said on Wednesday.

The economy of the region will grow 3.7% in 2021, after a 7.7% contraction this year, the Economic Commission for Latin America and the Caribbean (ECLAC) said. A previous report in July projected a deeper 2020 contraction of 9.1%.

(Reporting by Natalia Ramos; Writing by Frank Jack Daniel, Editing by Franklin Paul)

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