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Fresh optimism buoys LatAm sovereigns, markets
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Latin America s economy exceeds expectations, stabilizes after pandemic
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WASHINGTON, CMC – The Inter-American Development Bank (IDB) on Monday said Latin America and the Caribbean’s economies demonstrated unexpected strength in 2023 and can enact reforms that capitalise on untapped economic opportunities. The Washington-based financial institution said the improved economic performance allows the region to play a pivotal role in the global economic landscape. In a new macroeconomic report, the IDB said that the economies grew 2.1 per cent in.
Regional growth hampered by low productivity
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